Updated Jan 30, 2024
Joost Clerx & Renee Nicole Perry Acquire Other Residential Property In Westfield, NJ For $1.22M
841 Cedar Terrace, Westfield, New Jersey 07090, United States
$1,220,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 8, 2022
About this deal
AI
The Other Residential property located at 841 Cedar Ter in Westfield, NJ was sold on March 9, 2022. The transaction involved a sale price of $1,220,000.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,220,000
- Address: 841 Cedar Ter, Westfield, NJ
- Market: Westfield, NJ
The buyers of the property were Joost Clerx & Renee Nicole Perry. The sellers, on the other hand, were Danqing Li & Dan Liu.
The co op sale at 841 Cedar Terrace, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.2M in 2022. 841 Cedar Terrace, Westfield, New Jersey 07090, United States is classified as Co Op on Traded. This page is the Westfield, New Jersey file for the 841 Cedar Terrace, 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 841 Cedar Terrace, Westfield, New Jersey 07090, United States around 2022. Published consideration for 841 Cedar Terrace, Westfield, New Jersey 07090, United States is $1.2M, dated 2022. Cite this Joost Clerx & Renee Nicole Perry Acquire Other Residential Property In Westfield, NJ For $1.22M 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
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93