RE/MAX Select Sells SFR In Ridgewood For $1.12M
SOLD
$1,120,000
New Jersey
See Similar DealsSingle Family Residence2,226 SF
Sold 08/15/2022
SOLD
RE/MAX Select Sells SFR In Ridgewood For $1.12M
404 Hamilton Road
See Similar DealsSingle Family Residence2,226 SF
Sold 08/15/2022
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$503
Total Square Footage:2,226 SF
Transaction Type:Sale
A single-family residential property located at 404 Hamilton Rd in Ridgewood has been sold. The property was listed by Kristina Hajhassan from RE/MAX Select. The sale took place on August 15, 2022, for a total price of $1,120,000. The property spans across 2,226 square feet. The price per square foot is calculated to be $503.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,120,000
- Address: 404 Hamilton Rd, Ridgewood
- Square Footage: 2,226
- Price per Square Foot: $503
Kristina Hajhassan from RE/MAX Select represented the seller in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,979.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,309.37
Annual Debt Service$63,712.46
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