Realty 7, LLC Acquires Ridgefield Multifamily For $1.3M With Buyer's Rep Jee Mee Lim & Seller's Rep Christian Torres
830 Elizabeth Street, Ridgefield, NJ 07657
$1,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 12, 2022
AI
A multifamily property located at 830 Elizabeth St in Ridgefield, NJ has been sold for a price of $1,300,000. The property consists of 2 units, resulting in a per unit price of $650,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Units: 2
- Price per Unit: $650,000
Jee Mee Lim from Realty 7, LLC represented the buyer in this transaction. The seller was represented by Christian J. Torres from Keller Williams City Views Realty.
Players
Ridgefield 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93