Updated Dec 21, 2023
Kate Okusanya Acquires Other Residential Property In West Orange, NJ From Caryl Leightman
141 Clarken Drive, West Orange, NJ 07052, USA
$4,100,000
$2,026/SF
Building Size
2,023 SF
Asset Type
Co-Op
Closing
Dec 3, 2021
About this deal
AI
A residential property located at 141 Clarken Dr in West Orange, NJ has been sold. The property, classified as Other Residential, was sold on October 27, 2021.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $4,100,000
- Square Footage: 2,023 sqft
- Price per Square Foot: $2,027
- Address: 141 Clarken Dr, West Orange, NJ
- Buyer: Kate Okusanya
- Seller: Caryl Leightman
The property, with a total area of 2,023 square feet, was sold for a price of $4,100,000, resulting in a price per square foot of $2,027.
Kate Okusanya purchased the property from Caryl Leightman. The transaction took place after a holding period of 27 years and 10 months.
Players
West Orange Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $2K per square foot on a published $4.1M for 2,023 square feet (2021).
Browse New Jersey co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93