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10806 Monte Vista Ave

Aaron Rodgers Acquires $9.5M SFR In Montclair, New Jersey
SOLDIndustrial

Aaron Rodgers Acquires $9.5M SFR In Montclair, New Jersey

10806 Monte Vista Ave

$9,500,000

Building Size

Asset Type

Industrial

Closing

Aug 3, 2023

AI

Aaron Rodgers, the NFL quarterback who recently traded to the New York Jets, has reportedly purchased an eight-bedroom, ten-bathroom single-family home in Montclair, New Jersey. The property, located at 349 Crestmont Road, was sold for a total of $9.5 million.

Summary of Transaction Details

  • Property Type: Single-Family Home
  • Transaction Amount: $9,500,000
  • Address: 349 Crestmont Road, Montclair, New Jersey
  • Market: Montclair

Aaron Rodgers bought this luxurious property through the assistance of his brokers, Joan Keller Barrett and Richard Stanton from Stanton Company. The estate boasts eight spacious bedrooms and ten lavish bathrooms, offering ample space for comfort and relaxation. The deal marks an exciting investment for Rodgers as he settles into his new NFL team.

Players

Richard Stanton

Stanton Company

Broker

$20.5M

vol

2 deals

Broker

Aaron Rodgers

Buyer

$14.6M

vol

3 deals

Buyer

Montclair Industrial Market Snapshot

Boundary boundary · Industrial · 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