Updated Dec 21, 2023
Coldwell Banker Realty Facilitates $1.05M Sale Of Multifamily Property At 527 Carleton Rd, Westfield Town, NJ
527 Carleton Road, Westfield, NJ 07090
$1,050,000
$60/SF
Building Size
17,424 SF
Asset Type
MultiFamily
Closing
Jul 30, 2020
About this deal
AI
Located at 527 Carleton Rd in Westfield Town, NJ, this multifamily property was sold on July 30, 2021. The transaction price for this property was $1,050,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
The sale of this property was facilitated by Javier Matallana from Coldwell Banker Realty.
The multifamily sale at 527 Carleton Road, Westfield, NJ 07090 in Westfield, New Jersey sold for $1.1M in 2020. The building is 17,424 square feet, implying about 60 per square foot on the published price. Javier Matallana, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Westfield, New Jersey file for the 527 Carleton Road, Westfield, NJ 07090 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Westfield sit in the Market section below. Filter that Westfield multifamily set by closing date to see what else sold near 527 Carleton Road, Westfield, NJ 07090 around 2020. Published consideration for 527 Carleton Road, Westfield, NJ 07090 is $1.1M, dated 2020. Cite this Coldwell Banker Realty Facilitates $1.05M Sale Of Multifamily Property At 527 Carleton Rd, Westfield Town, NJ sale when underwriting similar multifamily product around Westfield, New Jersey.
Players
Westfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93