Updated Sep 9, 2024
Gerard Mattera Jr Acquires Single Family Home On Grand St, Hoboken For $5.25M
113 Grand Street, Hoboken, NJ, USA
$5,250,000
$767/SF
Building Size
6,840 SF
Asset Type
Single Family Residence
Closing
May 10, 2021
About this deal
AI
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.
Players
Hoboken Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $767 per square foot on a published $5.3M for 6,840 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93