Updated Dec 20, 2023
Joseph F Greeves, Kelly L Greeves & Joseph F Greeves Jr Acquire Other Residential Property In Summit, NJ For $2.275M
41 Sweetbriar Road, Summit, New Jersey 07901, United States
$2,275,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 31, 2022
About this deal
AI
Located at 41 Sweetbriar Rd in Summit, NJ, this Other Residential property was recently sold in a closed transaction. The sale took place on April 1, 2022, and the asset was purchased for a total price of $2,275,000.00.
Summary of transaction details
- Property Type: Other Residential
- Sale Price: $2,275,000.00
- Address: 41 Sweetbriar Rd, Summit, NJ
- Market: Summit, NJ
The buyers in this transaction were Joseph F Greeves, Kelly L Greeves, and Joseph F Greeves Jr. On the selling side, the property was owned by Jennifer Groce and Paul Groce.
This successful transaction highlights the involvement of the key individuals and companies, including the buyers and sellers. Joseph F Greeves, Kelly L Greeves, and Joseph F Greeves Jr represented the buyer's side in the deal.
Players
Summit Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93