Updated Dec 21, 2023
Anna Safonova & Colleen Meyler Represent Land Sale In Freehold, NJ For $1.2M
230 Route 33 Unit Wemrock Hills, Freehold, NJ 07728
$1,200,000
Units
33
Asset Type
—
Closing
Dec 21, 2021
About this deal
AI
An 18.99-acre land in Wemrock Hills, Freehold, NJ, was recently sold for $1,200,000. The transaction took place on December 21, 2021. The property, located at 230 Route 33 Unit Wemrock Hills, was listed for sale and attracted the attention of potential buyers.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,200,000
- Market: Freehold, NJ
- Address: 230 Route 33 Unit Wemrock Hills
- Acres: 18.99
The buyer in this transaction was represented by Anna Safonova from NJ Realty Pros. On the other side, the seller had Colleen Meyler as their representative from ERA Central Realty Group. These individual agents played crucial roles in facilitating the sale.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93