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3 Shirewood Drive, Scotch P...

Updated Dec 19, 2023

Aaron Yorke & Stephanie Yorke Acquire Other Residential Property In Scotch Plains, NJ For $1.2M
SOLDCo-Op

Aaron Yorke & Stephanie Yorke Acquire Other Residential Property In Scotch Plains, NJ For $1.2M

3 Shirewood Drive, Scotch Plains, New Jersey 07076, United States

$1,200,001

$400,000/SF

Building Size

3 SF

Asset Type

Co-Op

Closing

Aug 11, 2022

About this deal

AI

The other residential property located at 3 Shirewood in Scotch Plains, NJ has been sold. The property spans a total of 3,006 square feet and was sold for a price of $1,200,001, resulting in a price per square foot of $399.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,200,001
  • Property Address: 3 Shirewood, Scotch Plains, NJ
  • Market: Scotch Plains, NJ

The buyers in this transaction are Aaron Yorke and Stephanie Yorke, while the sellers are Rui M Mendes and Victoria P Mendes.

Players

Scotch Plains Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $400K per square foot on a published $1.2M for 3 square feet (2022).

Browse New Jersey co op sales on Traded.

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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