Berkshire Hathaway Homeservices Acquires Single Family Property On Oak St In Montclair, NJ For $1.45M
3 Oak Place, Montclair, NJ, USA
$1,450,000
$888/SF
Building Size
1,632 SF
Asset Type
Single Family Residence
Closing
Apr 18, 2021
AI
A single-family property located at 3 Oak St in Montclair, NJ was recently sold. The transaction took place on April 19, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,450,000
- Address: 3 Oak St, Montclair, NJ
- Market: Montclair, NJ
The seller of this property was 3 Oak St Trust, while the buyer was represented by Ilene Horowitz from Coldwell Banker Realty. Roman Drukarov from Berkshire Hathaway Homeservices New Jersey Properties acted as the seller's representative in the deal.
The asking price for the property was $1,200,000, and it was ultimately sold for $1,450,000.
Players
Montclair Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93