Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Residential Land In Holmdel For $1.25M
125 Red Hill Road, Holmdel Township, New Jersey 07733, United States
$1,250,000
Building Size
—
Asset Type
—
Closing
Jan 23, 2022
About this deal
AI
The residential land located at 125-127 Red Hill Rd in Holmdel was recently sold for $1,250,000. Spanning approximately 5 acres, this property offers a prime opportunity for development or investment.
Summary of transation details
- Property Type: Residential Land
- Transaction Amount: $1,250,000
- Address: 125-127 Red Hill Rd, Holmdel
- Market: Holmdel
- Broker: Doreen DeMarco - Berkshire Hathaway HomeServices Fox & Roach
Doreen DeMarco from Berkshire Hathaway HomeServices Fox & Roach represented the parties involved in this transaction. With their expertise, they facilitated the successful sale of this residential land.
Holmdel CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Berkshire Hathaway HomeServices to view all their deals.
Browse New Jersey sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93