Updated Dec 21, 2023
Kannaki Ramamoorthy & Madhusudhanan Ravindran Acquire Other Residential Property In Edison, NJ For $1.3M
3905 Park Avenue, Edison, New Jersey 08820, United States
$1,300,000
$275/SF
Building Size
4,712 SF
Asset Type
Co-Op
Closing
Apr 7, 2022
About this deal
AI
An other residential property located at 3905 Park Ave in Edison, NJ was sold on 04/08/2022. The transaction was closed at a price of $1,300,000. The property's market is in Edison, NJ.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,300,000
The buyer of the property is Kannaki Ramamoorthy & Madhusudhanan Ravindran, while the seller is Gurcharan Singh.
The co op sale at 3905 Park Avenue, Edison, New Jersey 08820, United States in Edison, New Jersey sold for $1.3M in 2022. The building is 4,712 square feet, implying about 275 per square foot on the published price. This page is the Edison, New Jersey file for the 3905 Park Avenue, Edison, New Jersey 08820, United States co op sold: pricing, party profiles, and other closed co op comps from the same Edison sit in the Market section below. Filter that Edison co op set by closing date to see what else sold near 3905 Park Avenue, Edison, New Jersey 08820, United States around 2022. Published consideration for 3905 Park Avenue, Edison, New Jersey 08820, United States is $1.3M, dated 2022. Cite this Kannaki Ramamoorthy & Madhusudhanan Ravindran Acquire Other Residential Property In Edison, NJ For $1.3M sale when underwriting similar co op product around Edison, New Jersey.
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Edison 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93