facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

80 Grove Street, Rutherford...

Meena R. Patel Acquires Multifamily Property At 80 Grove St, Rutherford For $1.11M
SOLDMultiFamily

Meena R. Patel Acquires Multifamily Property At 80 Grove St, Rutherford For $1.11M

80 Grove Street, Rutherford, New Jersey 07070, United States

$1,110,000

Building Size

Asset Type

MultiFamily

Closing

Jan 27, 2022

AI

Meena R. Patel from Keller Williams Village Square Realty represented the buyer and seller in the sale of a multifamily property located at 80 Grove St in Rutherford. The transaction took place on January 27, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,110,000
  • Address: 80 Grove St
  • Market: Rutherford
  • Units: 3
  • Price Per Unit: $370,000

The property, represented by Meena R. Patel, was sold for a total of $1,110,000. It consists of three units, with a price per unit of $370,000. The transaction closed on January 27, 2022 in Rutherford.

Players

Meena R. Patel

Keller Williams Realty

Broker

$2.2M

vol

2 deals

Broker

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

14.29%

Cash-on-Cash

-4.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93