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24 Spruce Terrace, Wayne, N...

Updated Dec 20, 2023

Alyson Creighton & Patrick Creighton Acquire Other Residential Property In Wayne, NJ For $1.2M
SOLDCo-Op

Alyson Creighton & Patrick Creighton Acquire Other Residential Property In Wayne, NJ For $1.2M

24 Spruce Terrace, Wayne, New Jersey 07470, United States

$1,200,000

$306/SF

Building Size

3,919 SF

Asset Type

Co-Op

Closing

Aug 31, 2022

About this deal

AI

A residential property located at 24 Spruce Ter in Wayne, NJ has been sold for a price of $1,200,000. The property spans a total of 3,919 square feet, resulting in a price per square foot of $306.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,200,000
  • Address: 24 Spruce Ter, Wayne, NJ
  • Market: Wayne, NJ
  • Buyer: Alyson Creighton & Patrick Creighton
  • Seller: Charles Rohlf & Katherine Rohlf

Alyson Creighton and Patrick Creighton were the buyers of this property, while Charles Rohlf and Katherine Rohlf acted as the sellers. The transaction represents a successful deal in the real estate market of Wayne, NJ.

Players

Wayne Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $306 per square foot on a published $1.2M for 3,919 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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