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403 Warren Terrace

Land In Hinsdale Acquired For $1.25M By Coldwell Banker And RE/MAX Represented Parties
SOLDLand

Land In Hinsdale Acquired For $1.25M By Coldwell Banker And RE/MAX Represented Parties

403 Warren Terrace

$1,250,000

Building Size

Asset Type

Land

Closing

Sep 16, 2023

AI

A 0.96-acre land parcel located at 403 Warren Terrace in Hinsdale has recently been sold for a total of $1,250,000. The transaction involved Dawn McKenna of Coldwell Banker representing the buyer and Carol Walsh Rosentreter of RE/MAX Properties representing the seller. The property is a land asset with a significant market value in the Hinsdale area.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,250,000
  • Address: 403 Warren Terrace, Hinsdale
  • Market: Hinsdale
  • Size: 0.96 acres

Dawn McKenna, a representative from Coldwell Banker, played a crucial role in facilitating the purchase on behalf of the buyer. On the other hand, Carol Walsh Rosentreter, the seller's representative from RE/MAX Properties, ensured a smooth transaction for the seller. Both McKenna and Rosentreter possess extensive experience in the real estate industry, making them valuable assets in the negotiation and completion of this deal.

Players

Dawn McKenna

Coldwell Banker

Broker

$76.3M

vol

14 deals

Broker

Warren Terrace Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93