Updated Dec 20, 2023
Craig Dadika & Lauranne Kline Acquire Other Residential Property In Berkeley Heights, NJ
1090 Mountain Avenue, Berkeley Heights, New Jersey 07922, United States
$1,076,000
$575/SF
Building Size
1,870 SF
Asset Type
Co-Op
Closing
Jul 28, 2022
About this deal
AI
The property located at 1090 Mountain Ave in Berkeley Heights, NJ was recently sold in a closed transaction. This Other Residential asset spans approximately 1,870 square feet and was sold for a price of $1,076,000, resulting in a price per square foot of $575.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,076,000
- Address: 1090 Mountain Ave, Berkeley Heights, NJ
- Market: Berkeley Heights, NJ
The buyers involved in this transaction are Craig Dadika and Lauranne Kline. On the other hand, the sellers are Elba Gleason and John Gleason.
Players
Berkeley Heights 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
14.74%
Cash-on-Cash
-4.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93