Updated Dec 19, 2023
Shire Realty Inc Acquires Land In Manasquan For $1.45M With Buyer's Rep Matthew Amato & Seller's Rep Colleen Dingley
435 Long Avenue, Manasquan, New Jersey 08736, United States
$1,450,000
Building Size
—
Asset Type
—
Closing
Apr 28, 2022
About this deal
AI
The property involved in this closed transaction is a piece of land located at 435 Long Ave in Manasquan. The land has an area of approximately 0.25 acres. The transaction took place on April 29, 2022.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,450,000
- Address: 435 Long Ave
- Market: Manasquan
- Buyer's Representative: Matthew Amato - Shire Realty Inc
- Seller's Representative: Colleen Dingley - Diane Turton, Realtors
The buyer in this transaction was represented by Matthew Amato from Shire Realty Inc. On the other hand, the seller was represented by Colleen Dingley from Diane Turton, Realtors. Both professionals played crucial roles in facilitating the successful sale of the property.
Players
Manasquan 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93