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
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