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194 Howland Avenue, Paramus...

Prominent Properties Sotheby's Int'l Realty Sells Paramus SFR On Howland Ave For $3.2M
SOLDSingle Family Residence

Prominent Properties Sotheby's Int'l Realty Sells Paramus SFR On Howland Ave For $3.2M

194 Howland Avenue, Paramus, New Jersey 07652, United States

$3,200,000

$320/SF

Building Size

10,000 SF

Asset Type

Single Family Residence

Closing

Jun 5, 2022

AI

The recently closed transaction in Paramus involved the sale of a single-family residence located at 194 Howland Ave. The property, spanning approximately 10,000 square feet, was sold for a total price of $3,200,000, resulting in a price per square foot of $320. This transaction demonstrates the strong real estate market in Paramus.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $3,200,000
  • Square Footage: 10,000
  • Price Per Square Foot: $320
  • Address: 194 Howland Ave, Paramus

Taylor Lucyk and Jonathan Medina, representing Christie's International Real Estate, acted as the buyer's representatives in this transaction. On the other hand, Jason Pierce and Richard Orlando, from Prominent Properties Sotheby's International Realty, represented the seller. Their expertise and negotiation skills played a crucial role in the successful completion of this sale. It is worth highlighting the professionalism and dedication of these individuals and their respective agencies.

Players

Taylor Lucyk

Christie's International Real Estate

Broker

$133.5M

vol

11 deals

Broker

Paramus Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93