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72 Stone Ridge Rd, Summit, ...

Updated Nov 17, 2023

Kostantinos & Krista Poulikidis Acquire Other Residential Property In Summit, NJ For $1.2M
SOLDCo-Op

Kostantinos & Krista Poulikidis Acquire Other Residential Property In Summit, NJ For $1.2M

72 Stone Ridge Rd, Summit, NJ 07901, United States

$1,200,000

$600,000/SF

Building Size

2 SF

Asset Type

Co-Op

Closing

Apr 11, 2022

About this deal

AI

The other residential property located at 72 Stoneridge Rd in Summit, NJ was recently sold in a closed transaction. The property spans 2,568 square feet and was sold for a price of $1,200,000, resulting in a price per square foot of $467.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,200,000
  • Square Footage: 2,568
  • Price per Square Foot: $467
  • Address: 72 Stoneridge Rd, Summit, NJ
  • Market: Summit, NJ

The buyers of the property were Kostantinos Pantelis Poulikidis and Krista Shea Poulikidis. The sellers were Deborah A Barletta and John A Barletta.

Players

Summit Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $600K per square foot on a published $1.2M for 2 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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