Daily limit: 0/10
Kyle Klaus & Jacqueline Draper Facilitate Sale Of Multifamily Property In Jersey City For $1,075,000
SOLD
New Jersey
See Similar DealsMultiFamily
Sold 03/01/2024
SOLD
Kyle Klaus & Jacqueline Draper Facilitate Sale Of Multifamily Property In Jersey City For $1,075,000
88 Sanford Place
See Similar DealsMultiFamily
Sold 03/01/2024
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 88 Sanford Place in Jersey City was recently sold for $1,075,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Address: 88 Sanford Place
- Market: Jersey City
Kyle Klaus, from Prestige Properties, represented the buyer during the transaction, while Jacqueline Draper of EXP Realty served as the seller's representative.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
Is there something missing? Send suggestions