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81 Waverly Street

Updated Dec 4, 2024

Home Star Realty Sells Multifamily Property In Jersey City For $1.2M
SOLDMultiFamily

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.

Players

Mercedita Marasigan

Home Star Realty

Broker

$1.2M

vol

1 deal

Broker

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

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