Updated Dec 21, 2023
Peselli Guzzetti Acquires SFR In Summit, NJ For $2.64M
247 Oakridge Avenue, Summit, New Jersey 07901, United States
$2,640,000
Building Size
—
Asset Type
—
Closing
Jan 9, 2022
About this deal
AI
The property asset involved in this transaction is a Single Family Residential (SFR) located at 247 Oak Ridge Ave in Summit, NJ. The sale took place on January 10, 2022. The property was sold for a total price of $2,640,000.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $2,640,000
- Address: 247 Oak Ridge Ave, Summit, NJ
- Market: Summit, NJ
Peselli Guzzetti acted as the buyer in this transaction, while Michael J Maita and Sharon M Maita were the sellers.
Players
Summit CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.01%
Cash-on-Cash
-1.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93