Updated Dec 21, 2023
Danda Mohan Reddy & Sreelatha Reddy Acquire Other Residential Property In Monroe Township, NJ For $1.4M
1 Trotter Court, Monroe Township, New Jersey 08831, United States
$1,403,700
$342/SF
Building Size
4,103 SF
Asset Type
Co-Op
Closing
Sep 26, 2022
About this deal
AI
A residential property located at 1 Trotter Ct in Monroe Township, NJ has been sold. The property, categorized as an Other Residential asset, was purchased by Danda Mohan Reddy & Sreelatha Reddy from Sandra Barravecchio & Santo to Barravecchio. The transaction took place on September 27, 2022.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,403,700
- Square Footage: 4,103
- Price per Square Foot: $342
Danda Mohan Reddy & Sreelatha Reddy acted as the buyers in this transaction, while Sandra Barravecchio & Santo to Barravecchio served as the sellers' representatives.
Players
Monroe Township Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.30%
Cash-on-Cash
-3.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93