SOLDMultiFamily
Coldwell Banker Acquires Multifamily Property In East Rutherford, NJ For $1.175M
70 River St, East Rutherford, NJ, USA
$1,175,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 4, 2020
AI
A multifamily property located at 70 River St in East Rutherford, NJ has been sold for $1,175,000. The transaction took place on 06/04/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Market: East Rutherford, NJ
- Address: 70 River St
The buyer's representative in the deal was Jessica Torrie from Coldwell Banker, while the seller's representative was David Ciliento from Modern Realty Group.
Players
East Rutherford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93