SOLDCo-Op
Wenwen Ning & Luan Tang Acquire Other Residential Property In Cranbury, NJ For $1.3M
17 Shady Brook Lane, Cranbury, New Jersey 08512, United States
$1,300,000
$325,000/SF
Building Size
4 SF
Asset Type
Co-Op
Closing
Aug 11, 2022
AI
The property at 17 Shady Brook Ln in Cranbury, NJ has been sold for a total price of $1,300,000. This Other Residential property spans 4,828 square feet, resulting in a price per square foot of $269.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,300,000
The buyer of the property is Wenwen Ning & Luan Tang, while the seller is Som Lok Leung, Susan Leung & Som-Lok Leung.
Players
Cranbury Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
Loading comparables…
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