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Denise Dreyer Sells 7,405 Sqft Land In Sea Girt For $2,075K

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SOLD
$2,075,000

Illinois

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Land
Sold 05/12/2023
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SOLD

Denise Dreyer Sells 7,405 Sqft Land In Sea Girt For $2,075K

209 Beacon Blvd Sea Girt, NJ 08750, USA

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Land
Sold 05/12/2023
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Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

Located at 209 Beacon Boulevard in Sea Girt, this recently closed transaction involved the sale of a land asset. The property spans across 7,405 square feet and was sold at a price of $2,075,000, resulting in a price per square foot of $280.

Summary of transaction details

  • Property Type: Land
  • Sale Price: $2,075,000
  • Lot Size: 7,405 square feet
  • Price per Square Foot: $280
  • Market: Sea Girt

The transaction was facilitated by Denise Dreyer from Ward Wight Sotheby's International Realty.

Players

Denise Dreyer
6 deals$13.3M volume
BROKER

Details

SOLD
IMAGE: Denise Dreyer DATE: 05/12/2023 ADDRESS: 209 Beacon Boulevard MARKET: Sea Girt ASSET TYPE: Land BROKER: Denise Dreyer (@Denise.Dreyer.RealEstate9761) - Ward Wight Sotheby's International Realty SALE PRICE: $2,075,000 LOT SF: 7,405 ~ PPLSF: $280

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$110,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,372.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,836.56
Annual Debt Service$118,038.70