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716 Standish Avenue, Westfi...

Updated Dec 21, 2023

Emily J Brown & Christopher Ellison Acquire Other Residential Property In Westfield, NJ For $1.1M
SOLDCo-Op

Emily J Brown & Christopher Ellison Acquire Other Residential Property In Westfield, NJ For $1.1M

716 Standish Avenue, Westfield, New Jersey 07090, United States

$1,111,000

Building Size

Asset Type

Co-Op

Closing

Mar 8, 2022

About this deal

AI

The other residential property located at 716 Standish Ave in Westfield, NJ has been sold. The transaction took place on March 9, 2022, with a sale price of $1,111,000. The buyers of the property are Emily J Brown and Christopher Ellison, while the seller is Linda Newingham.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,111,000
  • Address: 716 Standish Ave, Westfield, NJ

Emily J Brown and Christopher Ellison have acquired the property from Linda Newingham. The deal was facilitated by their representative, Emily J Brown's agent.

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

14.28%

Cash-on-Cash

-4.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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