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19 Glenwood Road, Fanwood, ...

Updated Dec 21, 2023

Hoi Shan Connie Ching & Van Phu Ly Acquire Other Residential Property In Fanwood For $1,175,000
SOLDCo-Op

Hoi Shan Connie Ching & Van Phu Ly Acquire Other Residential Property In Fanwood For $1,175,000

19 Glenwood Road, Fanwood, New Jersey 07023, United States

$1,175,000

Building Size

Asset Type

Co-Op

Closing

Mar 28, 2022

About this deal

AI

An Other Residential property located at 19 Glenwood Rd in Fanwood was recently sold for $1,175,000. The transaction took place on March 29, 2022. The buyers, Hoi Shan Connie Ching and Van Phu Ly, acquired the property from the seller, John Charles Mazzilli.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,175,000
  • Address: 19 Glenwood Rd
  • Market: Fanwood

Hoi Shan Connie Ching and Van Phu Ly were represented by their broker in the deal. No additional information regarding the transaction was provided.

Players

Fanwood 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

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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