Basil Skaltsis Acquires 1.39 Acres Of Land In Englewood For $1.6M
SOLD
$1,600,000
New Jersey
See Similar DealsSold 02/17/2022
SOLD
Basil Skaltsis Acquires 1.39 Acres Of Land In Englewood For $1.6M
490 Highview Road, Englewood, New Jersey 07631, United States
See Similar DealsSold 02/17/2022
Summary
NEW JERSEY
Transaction Type:Sale
Located at 490 Highview Rd in Englewood, this property is a 1.39-acre land asset. The transaction took place on 02/17/2022 and was sold for $1,600,000. The sale was facilitated by Basil Skaltsis from the corporateRealty agency.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,600,000
- Address: 490 Highview Rd
- Market: Englewood
- Asset Type: Land
- Size: 1.39 acres
This sale transaction highlights the involvement of Basil Skaltsis from the corporateRealty agency, who played a crucial role as the broker in the deal.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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