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Deborah C. Felder Of Coldwell Banker Facilitates $1.26M Sale Of Multifamily Property In Dumont
SOLD
$1,260,000
New Jersey
See Similar DealsMultiFamily
Sold 02/28/2024
SOLD
Deborah C. Felder Of Coldwell Banker Facilitates $1.26M Sale Of Multifamily Property In Dumont
80 West Madison Avenue
See Similar DealsMultiFamily
Sold 02/28/2024
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
The multi-family property located at 80 West Madison Avenue in Dumont was sold for $1,260,000. Deborah C. Felder of Coldwell Banker facilitated the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,260,000
- Address: 80 West Madison Avenue
- Market: Dumont
- Broker: Deborah C. Felder - Coldwell Banker
The sale of the property was successfully managed by Deborah C. Felder from Coldwell Banker, showcasing her expertise in closing real estate deals.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,476.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,973.04
Annual Debt Service$71,676.51
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