Updated Sep 9, 2024
Northeast Private Client Group Brokers Sell Mixed-Use Property In Ridgefield, CT For $3.03M
20 West Lane, Ridgefield, Connecticut 06877, United States
$3,025,000
Building Size
—
Asset Type
Mixed-use
Closing
Jan 27, 2023
About this deal
AI
Located at 20 West Ln in Ridgefield, CT, this recently closed transaction involved a mixed-use property. The property was sold for a price of $3,025,000.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $3,025,000
- Brokers: Rich Edwards, Jeff Wright, Brad Balletto & Patrick Hegarty - Northeast Private Client Group
Rich Edwards, Jeff Wright, Brad Balletto, and Patrick Hegarty from the Northeast Private Client Group were the brokers involved in this deal.
The mixed use sale at 20 West Lane, Ridgefield, Connecticut 06877, United States in Ridgefield, Connecticut sold for $3M in 2023. 20 West Lane, Ridgefield, Connecticut 06877, United States is classified as Mixed Use on Traded. Richard (Rich) Edwards, Jeff Wright, NorthEast Private Client Group appear on the sale alongside NorthEast Private Client Group. This page is the Ridgefield, Connecticut file for the 20 West Lane, Ridgefield, Connecticut 06877, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Ridgefield sit in the Market section below. Filter that Ridgefield mixed use set by closing date to see what else sold near 20 West Lane, Ridgefield, Connecticut 06877, United States around 2023. Published consideration for 20 West Lane, Ridgefield, Connecticut 06877, United States is $3M, dated 2023. Cite this Northeast Private Client Group Brokers Sell Mixed-Use Property In Ridgefield, CT For $3.03M sale when underwriting similar mixed use product around Ridgefield, Connecticut.
Players
Ridgefield Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93