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226 3rd Street

Purchase of Jersey City Single Family From Rajan Rehan & Kruti Joshi For $1.9M
SOLDSingle Family

Purchase of Jersey City Single Family From Rajan Rehan & Kruti Joshi For $1.9M

226 3rd Street

$1,900,000

$1,000/SF

Building Size

1,900 SF

Asset Type

Single Family

Closing

Jul 8, 2024

AI

The property is a single-family home located at 226 3rd Street in Jersey City. The sale price of the property was $1,900,000, and it has a total square footage of 1,900 with a price per square foot of $1,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,900,000
  • Address: 226 3rd Street
  • Market: Jersey City
  • Square Footage: 1,900
  • Price Per Square Foot: $1,000
  • Buyer: Hugo Marcotte
  • Seller: Rajan Rehan & Kruti Joshi
  • Buyer's Representative: Tom Misuraca - Keller Williams
  • Seller's Representative: Kathryn Mazzacano

This transaction involved Hugo Marcotte as the buyer, with Tom Misuraca from Keller Williams representing him. The sellers, Rajan Rehan and Kruti Joshi, were represented by Kathryn Mazzacano in the deal.

Players

Tom Misuraca

Keller Williams Realty

Broker

$30.7M

vol

13 deals

Broker

Jersey City Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93