Updated Dec 20, 2023
Sarah Shisha & Hersh Steinberg Acquire Other Residential Property In Summit, NJ For $1.8M
21 Plymouth Road, Summit, New Jersey 07901, United States
$1,815,000
$704/SF
Building Size
2,578 SF
Asset Type
Co-Op
Closing
Jul 19, 2022
About this deal
AI
The Other Residential property at 21 Plymouth Rd in Summit, NJ was sold on 07/20/2022. The property spans 2,578 square feet and was sold at a price of $1,815,000, resulting in a price per square foot of $704.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,815,000
- Square footage: 2,578
- Address: 21 Plymouth Rd, Summit, NJ
- Market: Summit, NJ
The buyers of the property were Sarah Shisha and Hersh Steinberg. The sellers of the property were Susan Adler and Peter Jacoby.
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
8.74%
Cash-on-Cash
-2.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93