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20 West Lane, Ridgefield, C...

Northeast Private Client Group Brokers Sell Mixed-Use Property In Ridgefield, CT For $3.03M
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:

Rich Edwards, Jeff Wright, Brad Balletto, and Patrick Hegarty from the Northeast Private Client Group were the brokers involved in this deal.

Players

Jeff Wright

NorthEast Private Client Group

Broker

$138.9M

vol

30 deals

Broker

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