Updated Dec 21, 2023
Emily Greer & Jonathan Greer Acquire Other Residential Property In Summit, NJ For $1.8M
16 Woodfern Road, Summit, New Jersey 07901, United States
$1,800,000
Building Size
—
Asset Type
Co-Op
Closing
Jan 19, 2022
About this deal
AI
The other residential property located at 16 Woodfern Rd in Summit, NJ has been sold. The transaction took place on January 20, 2022. The property was sold for a price of $1,800,000. The buyer of the property is Emily Greer and Jonathan Greer, while the seller is Louis Madden.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,800,000
- Address: 16 Woodfern Rd, Summit, NJ
- Market: Summit, NJ
The deal was facilitated by Louis Madden's representative. Emily Greer and Jonathan Greer were represented by their own broker agent during the transaction.
Players
Summit Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93