Michael Properties Golden Image Realty Acquires SFR In Woodcliff Lake For $1.265M
10 Sturbridge Drive
$1,265,000
$247/SF
Building Size
5,120 SF
Asset Type
—
Closing
Aug 23, 2022
AI
The property involved in this sale transaction is a Single Family Residential (SFR) located at 10 Sturbridge Dr in Woodcliff Lake. The property spans a total of 5,120 square feet and was sold for a price of $1,265,000, resulting in a price per square foot of $247.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,265,000
- Address: 10 Sturbridge Dr, Woodcliff Lake
- Square Footage: 5,120
- Price per Square Foot: $247
The buyer in this transaction was represented by Michael N. Todaro from Michael Properties Golden Image Realty. On the other hand, Ghada Abbasi from Coldwell Banker Ridgewood represented the seller.
Players
Woodcliff Lake CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.54%
Cash-on-Cash
-3.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93