Coldwell Banker Realty Acquires 2.6 Acres Of Land In Northbrook For $1.7M
SOLD
$1,700,000
Illinois
See Similar DealsSold 04/29/2022
SOLD
Coldwell Banker Realty Acquires 2.6 Acres Of Land In Northbrook For $1.7M
1602 Braeside Lane, Northbrook, Illinois 60062, United States
See Similar DealsSold 04/29/2022
Summary
ILLINOIS
Transaction Type:Sale
A 2.60-acre land located at 1602-16 Braeside Ln in Northbrook was recently sold for a total price of $1,700,000. The transaction took place on April 29, 2022 and was facilitated by brokers Kathryn Moor, Dawn McKenna, and Anne DuBray from Coldwell Banker Realty.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,700,000
- Address: 1602-16 Braeside Ln, Northbrook
- Market: Northbrook
- Asset Type: Land
- Acres: 2.60
This sale involved a 2.60-acre land situated at 1602-16 Braeside Ln in Northbrook. The property was sold for a total price of $1,700,000 on April 29, 2022. Kathryn Moor, Dawn McKenna, and Anne DuBray from Coldwell Banker Realty represented the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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