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519 Alden Street, Westfield...

Updated Dec 18, 2023

Joseph M Benanti & Lauren D Benanti Acquire Other Residential Property For $1,290,000 In Westfield, NJ
SOLDCo-Op

Joseph M Benanti & Lauren D Benanti Acquire Other Residential Property For $1,290,000 In Westfield, NJ

519 Alden Street, Westfield, New Jersey 07090, United States

$1,290,000

Building Size

Asset Type

Co-Op

Closing

Apr 3, 2022

About this deal

AI

Located at 519 Alden Ave in Westfield, NJ, this transaction involved the sale of an Other Residential property. The property was sold on April 4, 2022, for a price of $1,290,000.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,290,000
  • Market: Westfield, NJ

Joseph M Benanti and Lauren D Benanti acted as the buyers in this transaction, while Patricia S Bhagat and Phiroz M Bhagat were the sellers.

The co op sale at 519 Alden Street, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.3M in 2022. 519 Alden Street, Westfield, New Jersey 07090, United States is classified as Co Op on Traded. This page is the Westfield, New Jersey file for the 519 Alden 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 519 Alden Street, Westfield, New Jersey 07090, United States around 2022. Published consideration for 519 Alden Street, Westfield, New Jersey 07090, United States is $1.3M, dated 2022. Cite this Joseph M Benanti & Lauren D Benanti Acquire Other Residential Property For $1,290,000 In Westfield, NJ 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

12.30%

Cash-on-Cash

-3.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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