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Keller Williams Realty Acquires Land In Sea Girt For $2,015,000

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SOLD
$2,015,000

New Jersey

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Sold 05/24/2022
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Property Image
SOLD

Keller Williams Realty Acquires Land In Sea Girt For $2,015,000

102 Beacon Boulevard, Sea Girt, New Jersey 08750, United States

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Sold 05/24/2022
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Summary

NEW JERSEY
Transaction Type:Sale

102 Beacon Blvd in Sea Girt has been recently sold for a price of $2,015,000. The property is a land asset and was sold on 05/24/2022. The sale was represented by Megan Schell Schnurr from Keller Williams Realty, acting on behalf of the buyer, and Denise Dreyer from Ward Wight Sotheby's International Realty, representing the seller.

Summary of transation details

  • Property Type: Land
  • Transaction Amount: $2,015,000
  • Date: 05/24/2022
  • Address: 102 Beacon Blvd
  • Market: Sea Girt
  • Buyer's Representative: Megan Schell Schnurr - Keller Williams Realty
  • Seller's Representative: Denise Dreyer - Ward Wight Sotheby's International Realty

Megan Schell Schnurr from Keller Williams Realty represented the buyer in the transaction, while Denise Dreyer from Ward Wight Sotheby's International Realty acted as the seller's representative. This successful sale of the land asset further highlights the expertise and professionalism of both parties involved in the deal.

Players

Denise Dreyer
6 deals$13.3M volume
BROKER

Megan Schell Schnurr
Keller Williams Realty
1 deal$2M volume
BROKER

Details

SOLD
IMAGE: Megan Schell Schnurr & Denise Dreyer DATE: 05/24/2022 ADDRESS: 102 Beacon Blvd MARKET: Sea Girt ASSET TYPE: Land BUYER'S REP: Megan Schell Schnurr (@MeganSchellSchnurr) - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Denise Dreyer - Ward Wight Sotheby's International Realty (@WardWightSIR) SALE PRICE: $2,015,000

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

$107,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,158.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,552.13
Annual Debt Service$114,625.54