Updated Dec 20, 2023
Frederick G Knapp Acquires SFR In Summit, NJ For $1.575M
14 Euclid Avenue, Summit, New Jersey 07901, United States
$1,575,000
$1,067/SF
Building Size
1,476 SF
Asset Type
—
Closing
Dec 29, 2021
About this deal
AI
Located at 14 Euclid Ave in Summit, NJ, this single-family home (SFR) was recently sold on December 30, 2021. The property spans 1,476 square feet, resulting in a price per square foot (PPSF) of $745. The sale was completed between Frederick G Knapp, the buyer, and Allen S Greene, the seller, with a transaction amount of $1,575,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,575,000
- Address: 14 Euclid Ave, Summit, NJ
- Buyer: Frederick G Knapp
- Seller: Allen S Greene
- Square Footage: 1,476
- Price per Square Foot (PPSF): $745
In this real estate deal, Frederick G Knapp acted as the buyer, while Allen S Greene represented the seller. Both parties successfully completed the transaction, resulting in the sale of this SFR property in Summit, NJ. The transaction amount of $1,575,000 reflects the value of the property, with a price per square foot of $745.
Players
Summit 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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93