Updated Dec 4, 2024
Home Star Realty Sells Multifamily Property In Jersey City For $1.2M
81 Waverly Street
$1,222,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 19, 2024
About this deal
AI
81 Waverly Street in Jersey City has been sold for $1,222,000 through broker Mercedita Marasigan of Home Star Realty. This multifamily property transaction took place on 01/19/2024 in the Jersey City market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,222,000
- Broker: Mercedita Marasigan - Home Star Realty
The successful sale of 81 Waverly Street in Jersey City exemplifies the expertise and professionalism of broker Mercedita Marasigan, who represented the parties involved in this transaction. Through their efforts, the sale was able to be concluded at a price of $1,222,000.
Jersey City 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
12.98%
Cash-on-Cash
-3.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93