Updated Nov 19, 2023
Katherine & Ryan Mc Coy Purchase Other Residential Property In Westfield, NJ For $1.26M
508 North Chestnut Street, Westfield, New Jersey 07090, United States
$1,260,000
$420,000/SF
Building Size
3 SF
Asset Type
Co-Op
Closing
Nov 16, 2022
About this deal
AI
The property located at 508 Chestnut St N in Westfield, NJ was recently sold for a price of $1,260,000. This Other Residential property spans a total of 3,390 square feet, resulting in a price per square foot of $371.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,260,000
The buyers of the property were Katherine Mc Coy & Ryan Mc Coy, while the sellers were H Christopher De Cotiis & Patricia De Cotiis.
The co op sale at 508 North Chestnut Street, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.3M in 2022. The building is 3 square feet, implying about 420K per square foot on the published price. This page is the Westfield, New Jersey file for the 508 North Chestnut Street, 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 508 North Chestnut Street, Westfield, New Jersey 07090, United States around 2022. Published consideration for 508 North Chestnut Street, Westfield, New Jersey 07090, United States is $1.3M, dated 2022. Cite this Katherine & Ryan Mc Coy Purchase Other Residential Property In Westfield, NJ For $1.26M 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
12.59%
Cash-on-Cash
-3.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93