NextHome Force Premier Realty Sells Special Purpose Property In Brick Township For $1,075,000
SOLD
$1,075,000
New Jersey
See Similar Deals2,639 SF
Sold 06/17/2022
SOLD
NextHome Force Premier Realty Sells Special Purpose Property In Brick Township For $1,075,000
86 Cedar Island Drive, Brick, New Jersey 08723, United States
See Similar Deals2,639 SF
Sold 06/17/2022
Summary
NEW JERSEY
Price Per Square Foot:$407
Total Square Footage:2,639 SF
Transaction Type:Sale
The special purpose property located at 86 Cedar Island Dr in Brick Township has been sold for $1,075,000. The transaction took place on 06/17/2022. The property spans 2,639 square feet, resulting in a price per square foot of $407.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $1,075,000
- Date: 06/17/2022
- Address: 86 Cedar Island Dr
- Market: Brick Township
The sale of this special purpose property was facilitated by Katie Parrinello from NextHome Force Premier Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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