Updated Dec 21, 2023
Isabel Arruda Acquires Other Office In Montclair, NJ From Kevin Anderson For $2.075M
206 Bellevue Avenue, Montclair, New Jersey 07043, United States
$2,075,000
Building Size
—
Asset Type
Office
Closing
Mar 13, 2022
About this deal
AI
A property located at 206 Bellevue Ave in Montclair, NJ has been sold for a price of $2,075,000. This property is classified as an Other Office asset.
Summary of transaction details:
- Property Type: Other Office
- Transaction Amount: $2,075,000
- Date: 03/14/2022
- Address: 206 Bellevue Ave
- Market: Montclair, NJ
The buyer of the property is Isabel Arruda, while the seller is Kevin Anderson.
The office sale at 206 Bellevue Avenue, Montclair, New Jersey 07043, United States in Montclair, New Jersey sold for $2.1M in 2022. 206 Bellevue Avenue, Montclair, New Jersey 07043, United States is classified as Office on Traded. Named participants on the 206 Bellevue Avenue, Montclair, New Jersey 07043, United States sale are Kevin Anderson. This page is the Montclair, New Jersey file for the 206 Bellevue Avenue, Montclair, New Jersey 07043, United States office sold: pricing, party profiles, and other closed office comps from the same Montclair sit in the Market section below. Filter that Montclair office set by closing date to see what else sold near 206 Bellevue Avenue, Montclair, New Jersey 07043, United States around 2022. Published consideration for 206 Bellevue Avenue, Montclair, New Jersey 07043, United States is $2.1M, dated 2022. Cite this Isabel Arruda Acquires Other Office In Montclair, NJ From Kevin Anderson For $2.075M sale when underwriting similar office product around Montclair, New Jersey.
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Montclair Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.64%
Cash-on-Cash
-2.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93