facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

9 Centre Street

Weichert Realtors & DeSimone Realty Facilitate $1.3M Multifamily Sale In Madison
SOLDMultiFamily

Weichert Realtors & DeSimone Realty Facilitate $1.3M Multifamily Sale In Madison

9 Centre Street

$1,299,900

Building Size

Asset Type

MultiFamily

Closing

May 7, 2024

AI

The property located at 9 Centre Street in Madison spans 0.27 acres and was recently transacted for a sale price of $1,299,900. The buyer was represented by Constantina Pantazopoulos and Katherine Catanzaro from Weichert Realtors, while the seller was represented by Adrienne Desimone from DeSimone Realty.

Summary of transaction details:

Constantina Pantazopoulos and Katherine Catanzaro from Weichert Realtors represented the buyer, while the seller, Adrienne Desimone, was represented by DeSimone Realty in the property transaction at 9 Centre Street. The successful deal highlights the collaboration between these experienced real estate professionals in the Madison market.

Players

Adrienne Desimone

DeSimone Realty

Broker

$2.7M

vol

2 deals

Broker

Madison 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