Updated Dec 21, 2023
David Goldstein & Whitney Robinson Acquire Other Residential Property In Westfield, NJ For $1,075,000
694 Westfield Avenue, Westfield, New Jersey 07090, United States
$1,075,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 24, 2022
About this deal
AI
The other residential property located at 694 Westfield Ave in Westfield, NJ has been sold. The transaction took place on March 25, 2022.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,075,000
- Address: 694 Westfield Ave, Westfield, NJ
The buyer of the property is David Goldstein and Whitney Robinson. The seller of the property is Eric W Gerckens.
The co op sale at 694 Westfield Avenue, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.1M in 2022. 694 Westfield Avenue, Westfield, New Jersey 07090, United States is classified as Co Op on Traded. This page is the Westfield, New Jersey file for the 694 Westfield Avenue, 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 694 Westfield Avenue, Westfield, New Jersey 07090, United States around 2022. Published consideration for 694 Westfield Avenue, Westfield, New Jersey 07090, United States is $1.1M, dated 2022. Cite this David Goldstein & Whitney Robinson Acquire Other Residential Property In Westfield, NJ For $1,075,000 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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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93