Gerard Mattera Jr Acquires Single Family Home On Grand St, Hoboken For $5.25M
SOLD
$5,250,000
New Jersey
See Similar DealsSingle Family Residence6,840 SF
Sold 05/11/2021
SOLD
Gerard Mattera Jr Acquires Single Family Home On Grand St, Hoboken For $5.25M
113 Grand Street, Hoboken, NJ, USA
See Similar DealsSingle Family Residence6,840 SF
Sold 05/11/2021
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$767
Total Square Footage:6,840 SF
Transaction Type:Sale
113 Grand St, located in Hoboken, NJ, was recently sold for a price of $5,250,000. This single-family property transaction took place on May 11, 2021. The sale was facilitated by Gerard Mattera Jr of Keller Williams City Life Realty, representing the buyer, and Sharon Shahinian of Brown Harris Stevens - New Jersey, representing the seller.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,250,000
- Address: 113 Grand St, Hoboken, NJ
- Market: Hoboken, NJ
Gerard Mattera Jr from Keller Williams City Life Realty and Sharon Shahinian from Brown Harris Stevens - New Jersey played pivotal roles in the successful completion of this deal. Their expertise and representation ensured a smooth transaction between the buyer and seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
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