facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Co Op

/

Sale

/

117 West End Avenue, Summit...

Updated Dec 18, 2023

Jeet Shetty & Jocelyn C Shetty Acquire Other Residential Property On W End Ave, Summit, NJ For $2.275M
SOLDCo-Op

Jeet Shetty & Jocelyn C Shetty Acquire Other Residential Property On W End Ave, Summit, NJ For $2.275M

117 West End Avenue, Summit, New Jersey 07901, United States

$2,275,000

$1,710/SF

Building Size

1,330 SF

Asset Type

Co-Op

Closing

Oct 3, 2022

About this deal

AI

A residential property located at 117 W End Ave in Summit, NJ has been sold for a transaction amount of $2,275,000. The property is classified as an Other Residential asset and spans across 1,330 square feet. The price per square foot for this transaction is $1,710.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $2,275,000
  • Address: 117 W End Ave, Summit, NJ
  • Market: Summit, NJ
  • Buyer: Jeet Shetty & Jocelyn C Shetty
  • Seller: A Gregory Rao
  • Square Footage: 1,330
  • Price per Square Foot: $1,710

Jeet Shetty and Jocelyn C Shetty are the buyers of the property, while A Gregory Rao serves as the seller.

Players

Summit Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

Loading comparables…

Deal FAQ

About $1.7K per square foot on a published $2.3M for 1,330 square feet (2022).

Browse New Jersey co op sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.97%

Cash-on-Cash

-1.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets