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24 Revere Boulevard, Edison...

Updated Oct 28, 2024

Eateam Inc Acquires Other Residential Property In Edison, NJ For $2.1M
SOLDCo-Op

Eateam Inc Acquires Other Residential Property In Edison, NJ For $2.1M

24 Revere Boulevard, Edison, New Jersey 08820, United States

$2,100,000

$341/SF

Building Size

6,151 SF

Asset Type

Co-Op

Closing

Jul 7, 2022

About this deal

AI

The other residential property located at 24 Revere Blvd in Edison, NJ has been sold in a recent transaction. The property spans 6,151 square feet and was sold for a total price of $2,100,000, resulting in a price per square foot of $341.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $2,100,000
  • Address: 24 Revere Blvd, Edison, NJ
  • Market: Edison, NJ
  • Buyer: Eateam Inc
  • Seller: Pushpa R Patel & Rasik Patel
  • Square Footage: 6,151
  • Price per Square Foot: $341

Eateam Inc acted as the buyer in this transaction, acquiring the property from Pushpa R Patel & Rasik Patel.

Players

Edison Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $341 per square foot on a published $2.1M for 6,151 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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