Updated Dec 19, 2023
Sadia Ghafoor & Amer Rehman Acquire Other Residential Property In Scotch Plains, NJ
1190 Cooper Road, Scotch Plains, New Jersey 07076, United States
$1,870,000
$337/SF
Building Size
5,538 SF
Asset Type
Co-Op
Closing
Jul 20, 2022
About this deal
AI
Located at 1190 Cooper Rd in Scotch Plains, NJ, this other residential property was recently sold. The property spans a total of 5,538 square feet and was sold for $1,870,000, resulting in a price per square foot of $337.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,870,000
- Address: 1190 Cooper Rd, Scotch Plains, NJ
- Market: Scotch Plains, NJ
The buyers of this property are Sadia Ghafoor and Amer Rehman. They acquired the property from the sellers, Blair Alleman and Theresa Alleman.
Players
Scotch Plains 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
8.48%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93