Updated Dec 21, 2023
Christopher Barrasso & Kristen Barrasso Acquire Other Residential Property In Westfield, NJ For $1.35M
279 Watchung Fork, Westfield, New Jersey 07090, United States
$1,350,000
$44/SF
Building Size
30,056 SF
Asset Type
Co-Op
Closing
Jan 19, 2022
About this deal
AI
The Other Residential property located at 279 Watchung Frk in Westfield, NJ was sold on January 20, 2022.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,350,000
- Buyer: Christopher Barrasso & Kristen Barrasso
- Seller: Jon M Bramnick & Patricia Bramnick
- Market: Westfield, NJ
- Address: 279 Watchung Frk
Christopher Barrasso and Kristen Barrasso were the buyers of the property, while Jon M Bramnick and Patricia Bramnick were the sellers. The transaction price was $1,350,000.
The co op sale at 279 Watchung Fork, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.4M in 2022. The building is 30,056 square feet, implying about 44 per square foot on the published price. Named participants on the 279 Watchung Fork, Westfield, New Jersey 07090, United States sale are Jon M Bramnick. This page is the Westfield, New Jersey file for the 279 Watchung Fork, Westfield, New Jersey 07090, United States co op sold: pricing, party profiles, and other closed co op comps from the same Westfield sit in the Market section below. Filter that Westfield co op set by closing date to see what else sold near 279 Watchung Fork, Westfield, New Jersey 07090, United States around 2022. Published consideration for 279 Watchung Fork, Westfield, New Jersey 07090, United States is $1.4M, dated 2022. Cite this Christopher Barrasso & Kristen Barrasso Acquire Other Residential Property In Westfield, NJ For $1.35M sale when underwriting similar co op product around Westfield, New Jersey.
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93