Updated Dec 21, 2023
Carly Roduit & Valentin Roduit Acquire Other Residential Property In Summit, NJ For $1.2M
25 Laurel Avenue, Summit, New Jersey 07901, United States
$1,200,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 3, 2022
About this deal
AI
The property at 25 Laurel Ave in Summit, NJ was sold on March 4, 2022. The property is classified as an Other Residential asset and was purchased for a price of $1,200,000. The buyers in this transaction were Carly Roduit and Valentin Roduit, while the sellers were James Kang and Cindy Lee.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,200,000
- Address: 25 Laurel Ave, Summit, NJ
- Buyer: Carly Roduit & Valentin Roduit
- Seller: James Kang & Cindy Lee
The deal was facilitated by a yet-to-be-mentioned representative for Carly Roduit and Valentin Roduit, and James Kang and Cindy Lee. Additional information about the individuals or companies involved in this transaction was not provided.
Players
Summit Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
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