Updated Dec 21, 2023
Nicole M Jones & Rodney L Jones Acquire Other Residential Property In Westfield, NJ
516 Bradford Avenue, Westfield, New Jersey 07090, United States
$1,352,000
$561/SF
Building Size
2,410 SF
Asset Type
Co-Op
Closing
Aug 1, 2022
About this deal
AI
The property at 516 Bradford Ave in Westfield, NJ was recently sold. This other residential property spans 2,410 square feet. The sale took place on August 2, 2022, with Nicole M Jones & Rodney L Jones as the buyers and Emily Fink & Mark Russo Jr & Emily Russo as the sellers. The property was sold for $1,352,000, resulting in a price per square foot of $561.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,352,000
- Address: 516 Bradford Ave
- Market: Westfield, NJ
Nicole M Jones & Rodney L Jones served as the buyers in this transaction, while Emily Fink & Mark Russo Jr & Emily Russo acted as the sellers. The property offers 2,410 square feet of space and was sold at a price of $561 per square foot.
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
11.73%
Cash-on-Cash
-3.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93