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Property profile & analytics
OFF-MARKET
Commercial real estate

112 Cacciola Pl Westfield, NJ 07090

Built 2018
Property ID
US59-0530012
Property summary
AI-generated overview

This exceptional investment opportunity presents six Class A townhomes in desirable Westfield, New Jersey, currently boasting 100% occupancy. Built in 2018, this meticulously maintained multifamily property offers a compelling 4.50% cap rate with a Net Operating Income (NOI) of $180,016. Each of the six units features two bedrooms, two full bathrooms, and a half bath, providing comfortable and spacious living. High-end finishes include hardwood floors and stainless steel appliances. Additional amenities within each unit encompass a mudroom, laundry room, and a one-car attached garage. The exterior showcases a blend of stone and Hardiplank siding, enhancing both curb appeal and durability. Individual unit metering for central air and heat ensures efficient utility management. The prime location allows tenants easy access to Westfield's vibrant downtown area and the train station, within walking distance. This turnkey investment offers a rare combination of luxury, location, and strong financial performance, making it an ideal addition to any portfolio. The asking price is $4,000,000, with a price per unit of $666,666.67. Located at 112 Cacciola Place, Westfield, NJ 07090, this property is a must-see for discerning investors.

Property profile
Verified
Property type Commercial real estate
Year built 2018
UPID US59-0530012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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