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Wyckoff Rd, Eatontown, NJ, USA

Updated Dec 19, 2023

Ocean Ventures Realty, Inc. Sells 9 Acres Of Land In Eatontown, NJ For $5.28M
SOLD

Ocean Ventures Realty, Inc. Sells 9 Acres Of Land In Eatontown, NJ For $5.28M

Wyckoff Rd, Eatontown, NJ, USA

$5,280,000

$13/SF

Building Size

392,040 SF

Asset Type

Closing

Aug 17, 2021

About this deal

AI

Located at 0 Wyckoff Rd in Eatontown, NJ, this property transaction involved the sale of a 9-acre land. The deal was facilitated by Claudia Gearheart from Ocean Ventures Realty, Inc. The transaction took place on August 18, 2021, with a sale price of $5,280,000.

Summary of transation details

  • Property Type: Land
  • Transaction Amount: $5,280,000
  • Address: 0 Wyckoff Rd
  • Market: Eatontown, NJ
  • Asset Type: Land
  • Acres: 9
  • Broker: Claudia Gearheart - Ocean Ventures Realty, Inc.

This transaction involved the sale of a 9-acre land on Wyckoff Rd in Eatontown, NJ. Claudia Gearheart from Ocean Ventures Realty, Inc., represented the parties in this deal.

Players

Claudia Gearheart

Broker

$5.3M

vol

1 deal

Broker

Eatontown CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $13 per square foot on a published $5.3M for 392,040 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.00%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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