Updated Dec 19, 2023
Shamala Mhetre, Rashmi Sapali, Yogesh Pandare & Prasad Pandare Acquire Other Residential Property In Edison, NJ For $1.3M
1659 Woodland Avenue, Edison, New Jersey 08820, United States
$1,300,000
$248/SF
Building Size
5,224 SF
Asset Type
Co-Op
Closing
Jul 26, 2022
About this deal
AI
The property located at 1659 Woodland Ave in Edison, NJ has been sold in a recent transaction. The property falls under the category of Other Residential and spans a total area of 5,224 square feet. The sale took place on July 27, 2022, at a price of $1,300,000, resulting in a price-per-square-foot (PPSF) value of $248.
Summary of transation details
- Property Type: Other Residential
- Transaction Amount: $1,300,000
- Address: 1659 Woodland Ave, Edison, NJ
- Market: Edison, NJ
The buyers of the property are Shamala Mhetre, Rashmi Sapali, Yogesh Pandare, and Prasad Pandare. While the sellers are Hyun Ju Jo Kim and Stanley S Kim. The sale of this property marks an important transaction in the area, reflecting the ongoing real estate market activity in Edison, NJ.
Players
South Plainfield 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93