Updated Dec 20, 2023
Andres A Quesada & Barbara S Quesada Acquire SFR In Summit, NJ For $1.66M
8 Glendale Road, Summit, New Jersey 07901, United States
$1,655,500
Building Size
—
Asset Type
—
Closing
Jan 10, 2022
About this deal
AI
A single-family residential property located at 8 Glendale Rd in Summit, NJ was recently sold in a closed transaction. The property, priced at $1,655,500, changed ownership on January 11, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,655,500
The buyers of the property were Andres A Quesada and Barbara S Quesada, while the sellers were Paul Sherman and Barbara McGrath. The transaction represents a significant milestone for all parties involved.
Congratulations to Andres A Quesada, Barbara S Quesada, Paul Sherman, and Barbara McGrath on the successful completion of this real estate transaction.
Players
Summit CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.58%
Cash-on-Cash
-2.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93