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448 Spring Mills Rd, Hollan...

Updated Dec 21, 2023

Freeman Smith's Coldwell Banker Realty Sells Land In Holland Twp For $1.5M
SOLD

Freeman Smith's Coldwell Banker Realty Sells Land In Holland Twp For $1.5M

448 Spring Mills Rd, Holland Township, New Jersey 08848, United States

$1,525,000

Building Size

Asset Type

Closing

Mar 27, 2022

About this deal

AI

The property involved in the transaction is a land located at 448 Spring Mills-Little York in Holland Twp. The sale took place on 03/28/2022, and the sale price was $1,525,000. The asset type of the property is land.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,525,000
  • Address: 448 Spring Mills-Little York, Holland Twp
  • Date: 03/28/2022
  • Broker: Freeman Smith - Coldwell Banker Realty

Freeman Smith of Coldwell Banker Realty represented the parties involved in the transaction as the broker.

Players

Freeman Smith

Coldwell Banker

Broker

$1.5M

vol

1 deal

Broker

Milford 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

10.40%

Cash-on-Cash

-2.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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