SOLD
Keller Williams Shore Properties Acquires Residential Land On Ocean Ave In Mantoloking, NJ
1133 Ocean Ave, Mantoloking, NJ, USA
$3,805,000
$102/SF
Building Size
37,052 SF
Asset Type
—
Closing
May 13, 2021
AI
A residential land located at 1133 Ocean Ave in Mantoloking, NJ has been sold for a price of $3,805,000. The sale took place on May 14, 2021.
Summary of transation details
- Property Type: Residential Land
- Transaction Amount: $3,805,000
- Date: 05/14/2021
- Address: 1133 Ocean Ave, Mantoloking, NJ
- Market: Mantoloking, NJ
The buyer's representative in this transaction was Lisa Temple from Keller Williams Shore Properties, while the seller's representative was Susan Laymon from Childers Sotheby's Intl Realty.
Players
Mantoloking CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93