Asu & Richa Shah Acquire Land In Monmouth Junction From Jason Kaplan For $1.04M
2 Monmouth Drive, Monmouth Junction, NJ 08852, USA
$1,040,500
$38/SF
Building Size
27,033 SF
Asset Type
—
Closing
Sep 21, 2021
AI
Located in Monmouth Junction, the property at 2 Condor CT has been sold in a recent transaction. The land, owned by Jason Kaplan, was purchased by Asu & Richa Shah for a sale price of $1,040,500. The transaction took place on September 21, 2021. Unfortunately, no further details about the property or the sale were provided.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,040,500
- Seller: Jason Kaplan
- Buyer: Asu & Richa Shah
- Address: 2 Condor CT
- Market: Monmouth Junction
No additional information regarding the property, such as its size or market value, was provided. However, this transaction highlights the involvement of individuals such as Jason Kaplan as the seller and Asu & Richa Shah as the buyers. It is noteworthy to mention that the property sale was facilitated by a broker or representative, but no specific details about the representative were shared.
Players
Monmouth Junction 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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93