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8 Highlander Drive, Scotch ...

Updated Nov 24, 2023

Andrew Kwasnik & Monique J Kwasnik Acquire Other Residential Property In Scotch Plains, NJ For $1,276,000
SOLDCo-Op

Andrew Kwasnik & Monique J Kwasnik Acquire Other Residential Property In Scotch Plains, NJ For $1,276,000

8 Highlander Drive, Scotch Plains, New Jersey 07076, United States

$1,276,000

$319,000/SF

Building Size

4 SF

Asset Type

Co-Op

Closing

Apr 11, 2022

About this deal

AI

An other residential property located at 8 Highlander Dr in Scotch Plains, NJ has been sold for $1,276,000. The property spans 4,264 square feet, resulting in a price per square foot of $299.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,276,000
  • Square Footage: 4,264
  • Price per Square Foot: $299
  • Address: 8 Highlander Dr, Scotch Plains, NJ
  • Market: Scotch Plains, NJ

The buyer in this transaction is Andrew Kwasnik & Monique J Kwasnik, while the seller is Donna I Pennella.

Players

Scotch Plains Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $319K per square foot on a published $1.3M for 4 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

12.43%

Cash-on-Cash

-3.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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