Updated Dec 21, 2023
Regina Calcagno Acquires Other Residential Property In Summit, NJ For $1.75M
21 Franklin Place, Summit, New Jersey 07901, United States
$1,750,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 17, 2022
About this deal
AI
The other residential property located at 21 Franklin Pl in Summit, NJ was recently sold in a closed transaction. The sale took place on March 18, 2022, with Regina Calcagno purchasing the property from Dennis Antippas. The transaction was completed for a price of $1,750,000.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,750,000
- Address: 21 Franklin Pl, Summit, NJ
- Market: Summit, NJ
Regina Calcagno acted as the buyer in this transaction, while Dennis Antippas served as the seller. Both parties successfully completed the deal, resulting in the transfer of ownership for the aforementioned property.
Players
Summit 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93