Updated Dec 19, 2023
Ariel Raine Eisner & Samuel Avi Eisner Acquire Other Residential Property In Summit, NJ For $2,571,515
15 Edgewood Drive, Summit, New Jersey 07901, United States
$2,571,515
$623/SF
Building Size
4,126 SF
Asset Type
Co-Op
Closing
Jul 28, 2022
About this deal
AI
The property at 15 Edgewood Dr in Summit, NJ has been sold in a transaction that closed on 07/29/2022. This Other Residential property spans approximately 4,126 square feet and was sold for a price of $2,571,515, resulting in a price per square foot of $623.
Summary of Transaction Details
- Property Type: Other Residential
- Transaction Amount: $2,571,515
- Address: 15 Edgewood Dr, Summit, NJ
- Market: Summit, NJ
Ariel Raine Eisner & Samuel Avi Eisner purchased the property from Emma Aer & Ville Paasonen.
NOTE: No additional information is available about the transaction.
Players
Summit 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
6.17%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93