Updated Dec 21, 2023
Diane Turton, Realtors-Bay Head Acquires Residential Land In Bay Head For $1.35M
539 Club Dr, Bay Head, NJ, USA
$1,350,000
$140/SF
Building Size
9,583 SF
Asset Type
Co-Op
Closing
Mar 14, 2021
About this deal
AI
A residential land located at 539 Club Dr in Bay Head was recently sold for $1,350,000. The sale was completed on 03/15/2021. The property is situated in a desirable location in Bay Head and offers potential for various residential development opportunities.
Summary of transaction details
- Property Type: Residential Land
- Transaction Amount: $1,350,000
- Address: 539 Club Dr, Bay Head
- Market: Bay Head
The transaction was facilitated by Patricia Niebling and Gloria Carpinello from Diane Turton, Realtors-Bay Head. They represented the parties involved in the deal, ensuring a smooth and successful transaction.
Players
Bay Head 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93