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0 Bethany Church Road Land In Cypress Sold For $1.7M With Michael Harris - Harris Real Estate & Auction
SOLD
$1,700,000
Illinois
See Similar DealsLand
Sold 01/24/2024
SOLD
0 Bethany Church Road Land In Cypress Sold For $1.7M With Michael Harris - Harris Real Estate & Auction
Bethany Church Road
See Similar DealsLand
Sold 01/24/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
0 Bethany Church Road, a vacant land property in Cypress, was sold for $1,700,000. The transaction took place on January 24, 2024, with Michael Harris fromHarris Real Estate & Auction serving as the broker.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,700,000
- Market: Cypress
Michael Harris, representing Harris Real Estate & Auction, played a crucial role in facilitating the sale of 0 Bethany Church Road.
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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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