Updated Sep 9, 2024
Mark DiBenedetto & Kathleen McDonough Close $1.3M Multifamily Sale In Montclair
52 Walnut Crescent, Montclair, NJ 07042
$1,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 27, 2022
About this deal
AI
A multifamily property located at 52 Walnut Cres in Montclair has been sold for a price of $1,300,000. The sale took place on January 27, 2022, and was represented by Mark DiBenedetto from Keller Williams Realty as the buyer's representative and Kathleen McDonough from Prominent Properties Sotheby's International Realty as the seller's representative.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 52 Walnut Cres
- Market: Montclair
Mark DiBenedetto from Keller Williams Realty and Kathleen McDonough from Prominent Properties Sotheby's International Realty played key roles in this transaction. They ensured a successful deal for their respective clients, representing the buyer and the seller.
Players
Montclair MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93