Updated Dec 20, 2023
Richard And Shira Schaktman Acquire Other Residential Property In Cranbury, NJ For $1.45M
7 Cubberly Court, Cranbury, New Jersey 08512, United States
$1,450,000
$271/SF
Building Size
5,348 SF
Asset Type
Co-Op
Closing
Oct 10, 2022
About this deal
AI
Located at 7 Cubberly Ct in Cranbury, NJ, this Other Residential property was recently sold. The transaction took place on October 11, 2022.
Summary of transaction details
- Property Type: Other Residential
- Sale Price: $1,450,000
- Square Footage: 5,348
- Price per Square Foot: $271
- Buyer: Richard Schaktman & Shira Schaktman
- Seller: Mary Demilt & Richard Demilt
Richard Schaktman & Shira Schaktman were the buyers of this property, while Mary Demilt & Richard Demilt were the sellers. The property spans 5,348 square feet, and it was sold for a price of $1,450,000 with a price per square foot of $271.
Players
Cranbury Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $271 per square foot on a published $1.5M for 5,348 square feet (2022).
Browse New Jersey co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93