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20 Stiles Road, Summit, New...

Updated Dec 21, 2023

Lauren A Zaccaro Acquires Other Residential Property In Summit, NJ For $1.5M
SOLDCo-Op

Lauren A Zaccaro Acquires Other Residential Property In Summit, NJ For $1.5M

20 Stiles Road, Summit, New Jersey 07901, United States

$1,500,000

$1,500,000/SF

Building Size

1 SF

Asset Type

Co-Op

Closing

Sep 12, 2022

About this deal

AI

The other residential property located at 20 Stiles Rd in Summit, NJ has been sold. The transaction took place on 12/09/2022 and the buyer is Lauren A Zaccaro, while the seller is Nicholas Bruton. The property spans 1,634 square feet and was sold for a price of $1,500,000, resulting in a price per square foot of $917.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,500,000
  • Square Footage: 1,634
  • Price per Square Foot: $917
  • Address: 20 Stiles Rd, Summit, NJ
  • Market: Summit, NJ

Lauren A Zaccaro acted as the buyer in this transaction, represented by their broker. Nicholas Bruton served as the seller. No additional details about the individuals or companies involved in the deal were provided.

Players

Summit Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $1.5M per square foot on a published $1.5M for 1 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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