Updated Dec 20, 2023
Ashish Kumar Gupta & Sarita Sharma Acquire Other Residential Property In Edison, NJ For $1.05M
6 Lily Road, Edison, New Jersey 08820, United States
$1,050,000
$294/SF
Building Size
3,565 SF
Asset Type
Co-Op
Closing
Oct 30, 2022
About this deal
AI
The Other Residential property located at 6 Lily Rd in Edison, NJ has been sold for $1,050,000. The property spans 3,565 square feet, resulting in a price per square foot of $294.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,050,000
- Square Footage: 3,565
- Price per Square Foot: $294
- Address: 6 Lily Rd, Edison, NJ
- Market: Edison, NJ
- Buyer: Ashish Kumar Gupta & Sarita Sharma
- Seller: Bolton Tarleh Nyema & Indira Sankar Nyema
Ashish Kumar Gupta & Sarita Sharma have acquired the property from Bolton Tarleh Nyema & Indira Sankar Nyema. The transaction represents a significant step for both the buyer and the seller.
Players
Edison 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93