16 Units Sold At Riverfront Residences In Elizabeth For $9.478 Million By Jazmine Clausen-Soir & Meilyn Torres
$9,478,000
$2,711/SF
Building Size
3,495 SF
Asset Type
Single Family Residence
Closing
Sep 1, 2024
AI
The property involved in the transaction is a single-family asset located in Elizabeth, NJ. It consists of 16 units and was sold for a total price of $9,478,000. The specific address of the property is Riverfront Residences, Elizabeth, NJ, 07206.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,478,000
- Units: 16
- Date of Sale: 09/01/2024
- Listing Agents: Jazmine Clausen-Soir & Meilyn Torres
This transaction was facilitated by listing agents Jazmine Clausen-Soir and Meilyn Torres, who represented the seller in the deal. Their role was instrumental in the successful sale of the property.
Players
Elizabethport 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93