Prime Real Estate Group Acquires SFR In Hoboken For $2.25M
SOLD
New Jersey
See Similar DealsSingle Family Residence2,088 SF
Sold 08/30/2022
SOLD
Prime Real Estate Group Acquires SFR In Hoboken For $2.25M
847 Garden Street
See Similar DealsSingle Family Residence2,088 SF
Sold 08/30/2022
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$1,077
Total Square Footage:2,088 SF
Transaction Type:Sale
A single-family home located at 847 Garden St in Hoboken has been sold for a price of $2,250,000. The property spans 2,088 square feet, resulting in a price per square foot of $1,078.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $2,250,000
- Address: 847 Garden St
- Market: Hoboken
Todd Maloof and Danielle Fleming from PRIME Real Estate Group represented the buyer in this transaction, while Tatiana Wagnerova from Coldwell Banker Realty represented the seller.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77
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