RE/MAX - Barnegat Bay Acquires Land In Harvey Cedars, NJ For $1.005M
SOLD
$1,005,000
New Jersey
See Similar Deals6,480 SF
Sold 12/08/2021
SOLD
RE/MAX - Barnegat Bay Acquires Land In Harvey Cedars, NJ For $1.005M
1 East 69th Street, Harvey Cedars, New Jersey 08008, United States
See Similar Deals6,480 SF
Sold 12/08/2021
Summary
NEW JERSEY
Price Per Square Foot:$155
Total Square Footage:6,480 SF
Transaction Type:Sale
The property at 1 E 69th St in Harvey Cedars, NJ has been sold. The transaction was facilitated by buyer's representative Edward Freeman from RE/MAX - Barnegat Bay and seller's representative Eric Stukart from BHHS Zack Shore REALTORS.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,005,000
- Lot Square Footage: 6,480
- Price per Square Foot: $155
The property, located at 1 E 69th St, has been sold for a total of $1,005,000. It is a piece of land with a total square footage of 6,480. The price per square foot for this transaction was $155.
The buyer's representative in this deal was Edward Freeman from RE/MAX - Barnegat Bay, while the seller's representative was Eric Stukart from BHHS Zack Shore REALTORS.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,570.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,764.21
Annual Debt Service$57,170.55
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