Updated Dec 21, 2023
Amy Ball Of Coldwell Banker Realty Sells Multifamily Property In Chatham Boro, NJ For $1.25M
73 Main St, Chatham Borough, NJ, USA
$1,250,000
$82/SF
Building Size
15,245 SF
Asset Type
MultiFamily
Closing
Mar 31, 2021
About this deal
AI
The multifamily property located at 73 Main St in Chatham Boro, NJ has been sold for a transaction amount of $1,250,000. The property features multiple residential units and is situated in the Chatham Boro market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Broker: Amy Ball - Coldwell Banker Realty
Amy Ball from Coldwell Banker Realty represented the parties involved in this transaction.
The multifamily sale at 73 Main St, Chatham Borough, NJ, USA in Chatham, New Jersey sold for $1.3M in 2021. The building is 15,245 square feet, implying about 82 per square foot on the published price. Amy Ball, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Chatham, New Jersey file for the 73 Main St, Chatham Borough, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chatham sit in the Market section below. Filter that Chatham multifamily set by closing date to see what else sold near 73 Main St, Chatham Borough, NJ, USA around 2021. Published consideration for 73 Main St, Chatham Borough, NJ, USA is $1.3M, dated 2021. Cite this Amy Ball Of Coldwell Banker Realty Sells Multifamily Property In Chatham Boro, NJ For $1.25M sale when underwriting similar multifamily product around Chatham, New Jersey.
Players
Chatham 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93