SOLDMixed-use
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
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.
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