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75 Carol Street

Daniel Cubicciotti III & Patricia S. Egan Acquires Multifamily Property In Ramsey For $2.1M
SOLDMultiFamily

Daniel Cubicciotti III & Patricia S. Egan Acquires Multifamily Property In Ramsey For $2.1M

75 Carol Street

$2,100,000

Building Size

Asset Type

MultiFamily

Closing

Jun 12, 2022

AI

A multifamily property located at 75 Carol St in Ramsey has been sold for $2,100,000. The transaction took place on December 6, 2022. Daniel Cubicciotti III and Patricia S. Egan were the sellers of the property.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Date: December 6, 2022
  • Address: 75 Carol St, Ramsey

The sale of this property was facilitated by brokers Daniel Cubicciotti III and Patricia S. Egan from Terrie O'Connor Realtors.

Players

Daniel Cubicciotti III

Terrie O'Connor Realtors

Broker

$2.1M

vol

3 deals

Broker

Ramsey 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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93