Rita Neri Of RE/MAX Premier Sells Land In Schaumburg For $2M
1 26 Stone Bridge Ct, Schaumburg, Il 60194
$2,000,000
Building Size
—
Asset Type
Land
Closing
May 4, 2023
About this deal
AI
An undeveloped land located at 1-26 Stone Bridge Court in Schaumburg has recently been sold for $2,000,000. The transaction was facilitated by Rita Neri from RE/MAX Premier. The property, which is situated in the Schaumburg market, offers great potential for development.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,000,000
- Address: 1-26 Stone Bridge Court, Schaumburg
- Market: Schaumburg
- Broker: Rita Neri - RE/MAX Premier
This sale marks a significant opportunity for future development in the area. Rita Neri from RE/MAX Premier played a crucial role in finalizing the deal, representing the parties involved in the transaction. With its prime location in Schaumburg, the property showcases promising prospects for growth and investment.
Players
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Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93