Updated Dec 21, 2023
Baswa Shaker Shamshabad And Rashi Shamshabad Acquire Other Residential Property In Monroe Township, NJ For $1.7M
16 Sanibel Court, Monroe Township, NJ 08831, USA
$1,700,000
$228/SF
Building Size
7,447 SF
Asset Type
Co-Op
Closing
Dec 3, 2021
About this deal
AI
16 Sanibel CT in Monroe Township, NJ has been sold in a closed residential transaction. The property, classified as an Other Residential asset, was sold on November 18, 2021. The property spans 7,447 square feet and was traded at a price of $1,700,000, resulting in a price per square foot of $228. The transaction was held for a duration of 13 years and 3 months.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,700,000
- Address: 16 Sanibel CT, Monroe Township, NJ
- Market: Monroe Township, NJ
The buyers in this transaction were Baswa Shaker Shamshabad and Rashi Shamshabad. On the other hand, the sellers were Kapil Kapoor and Rashmi Kapoor. The deal was facilitated by their broker representatives.
Players
Monroe Township Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $228 per square foot on a published $1.7M for 7,447 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93