Leslie Mayer Of D'Amico & McConnell Realtors Acquires Land In Sea Girt For $2.1M
SOLD
New Jersey
See Similar DealsSold 08/04/2022
SOLD
Leslie Mayer Of D'Amico & McConnell Realtors Acquires Land In Sea Girt For $2.1M
210 Washington Boulevard, Sea Girt, New Jersey 08750, United States
See Similar DealsSold 08/04/2022
Summary
NEW JERSEY
Transaction Type:Sale
The property at 210 Washington Blvd in Sea Girt has been sold for $2,099,000. This land transaction was completed on 08/04/2022.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,099,000
- Market: Sea Girt
- Buyer's Representative: Leslie Mayer - D'Amico & McConnell Realtors
- Seller's Representative: Denise Dreyer - Ward Wight Sotheby's International Realty
Denise Dreyer represented the seller, while Leslie Mayer, from D'Amico & McConnell Realtors, represented the buyer in this land sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$111,946.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,457.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,950.33
Annual Debt Service$119,403.97
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