Updated Dec 19, 2023
Adele Hoberman & David J Hoberman Acquire Other Residential Property In Westfield, NJ For $1.58M
25 South Wickom Drive, Westfield, New Jersey 07090, United States
$1,580,000
$476/SF
Building Size
3,317 SF
Asset Type
Co-Op
Closing
Jul 28, 2022
About this deal
AI
Located in Westfield, NJ, the recently closed property transaction at 25 S Wickom Dr involved an other residential asset. The property spans 3,317 square feet and was sold for a price of $1,580,000, resulting in a price per square foot of $476.
Summary of Transaction Details
- Property Type: Other Residential
- Transaction Amount: $1,580,000
- Address: 25 S Wickom Dr, Westfield, NJ
- Market: Westfield, NJ
The buyers in this transaction were Adele Hoberman and David J Hoberman. On the other hand, the sellers were Chester Ostrowski, Stephanie Raimo, and Stephanie Ostrowski.
Players
Westfield 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
10.04%
Cash-on-Cash
-2.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93