Updated Dec 19, 2023
Arpita Joshi Savalia & Viral R Savalia Acquire Other Residential Property In New Providence For $1.1M
14 Birch Place, New Providence, New Jersey 07974, United States
$1,104,000
$430/SF
Building Size
2,564 SF
Asset Type
Co-Op
Closing
Jul 25, 2022
About this deal
AI
A residential property located at 14 Birch Pl in New Providence, NJ, has been sold for a total of $1,104,000. The property spans across an area of 2,564 square feet, resulting in a price per square foot of $430.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,104,000
- Address: 14 Birch Pl, New Providence, NJ
- Market: New Providence, NJ
The buyer of the property is Arpita Joshi Savalia and Viral R Savalia. On the other hand, David Hyung Lim and Lauren Lim are the sellers involved in this transaction.
Players
New Providence 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
14.37%
Cash-on-Cash
-4.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93