Updated Dec 20, 2023
Jeffrey Spurlock Acquires SFR In Hoboken For $1.77M With Brokers John Scipione & Nikki Piazza
210 7th Street, Hoboken, New Jersey 07030, United States
$1,770,000
$786/SF
Building Size
2,250 SF
Asset Type
Single Family Residence
Closing
Jan 14, 2022
About this deal
AI
A single-family home located at 210 7th Street in Hoboken has been sold in a recent transaction. The property, spanning 2,250 square feet, was listed for an asking price of $1,799,999. The final sale price was slightly lower at $1,770,000, resulting in a price per square foot of $787.
Summary of transaction details
- Property Type: SFR
- Sale Date: 01/14/2022
- Market: Hoboken
- Buyer: Jeffrey Spurlock
- Seller's Representatives: John Scipione
- Buyer's Representative: Nikki Piazza
John Scipione and Nikki Piazza, from Lighthouse Residential, played key roles as the brokers for this transaction. They represented the seller and the buyer respectively. The buyer, Jeffrey Spurlock, was able to secure the property at a slightly lower price than the asking price.
Note: John Scipione represented the seller, while Nikki Piazza represented the buyer throughout the transaction.
Players
Hoboken Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $786 per square foot on a published $1.8M for 2,250 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.96%
Cash-on-Cash
-2.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93