Lifshotz Acquires SFR In Upper Saddle River For $2.41M
48 Timberlane Road, Upper Saddle River, New Jersey 07458, United States
$2,410,000
$454/SF
Building Size
5,306 SF
Asset Type
—
Closing
Sep 23, 2021
AI
Located at 48 Timberlane Road in the Upper Saddle River market, this single-family residential property was recently sold. The property features a total of 5,306 square feet, offering ample space for comfortable living. The sale transaction took place on September 24, 2021.
Summary of transaction details
- Property Type: Single Family Residential
- Transaction Amount: $2,410,000
- Asking Price: $2,295,000
- Price per Square Foot: $454
- Buyer: Lifshotz
- Broker: Diane Cookson - Compass
Diane Cookson, a representative from Compass, represented Lifshotz in the purchase of this property. The deal was successfully closed for a total price of $2,410,000, which exceeded the initial asking price of $2,295,000. This transaction highlights the strong demand and value offered by this single-family residential property in Upper Saddle River.
Players
Upper Saddle River 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
6.58%
Cash-on-Cash
-1.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93