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RE/MAX Signature Homes Represents Buyer In $1.5M Ridgefield Multifamily Acquisition

Property Image
SOLD
$1,500,000

New Jersey

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MultiFamily
Sold 06/15/2022
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Property Image
SOLD

RE/MAX Signature Homes Represents Buyer In $1.5M Ridgefield Multifamily Acquisition

499 Sunset Terrace, Ridgefield, New Jersey 07657, United States

See Similar Deals
MultiFamily
Sold 06/15/2022
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily property located at 499 Sunset Ter in Ridgefield has been sold for $1,500,000. The property consists of 2 units, with a price per unit of $750,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Units: 2
  • Price Per Unit: $750,000

Claudia Buttenhoff from RE/MAX Signature Homes represented the buyer in this transaction, while Deborah C. Felder from Coldwell Banker represented the seller.

Players

Claudia Buttenhoff
1 deal$1.5M volume
BROKER

Deborah C. Felder
Coldwell Banker
2 deals$2.8M volume
BROKER

Details

SOLD
IMAGE: Deborah C. Felder DATE: 06/15/2022 ADDRESS: 499 Sunset Ter MARKET: Ridgefield ASSET TYPE: Multifamily BUYER'S REP: Claudia Buttenhoff - RE/MAX Signature Homes SELLER'S REP: Deborah C. Felder - Coldwell Banker SALE PRICE: $1,500,000 UNITS: 2 ~ PPU: $750,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
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