Updated Dec 21, 2023
John W. Fluta Acquires Development Site In Bayville For $1.09M
198 Harbor Inn Rd, Bayville, NJ, USA
$1,090,000
$39/SF
Building Size
27,878 SF
Asset Type
Development Site
Closing
Mar 3, 2021
About this deal
AI
A development site located at 198 Harbor Inn Rd in Bayville has been sold for $1,090,000. The property, which was sold on 03/04/2021, offers great potential for future development.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $1,090,000
- Address: 198 Harbor Inn Rd, Bayville
The buyer of this development site is John W. Fluta.
Please note that no additional information regarding this transaction is available at this time.
The development site sale at 198 Harbor Inn Rd, Bayville, NJ, USA in Bayville, New Jersey sold for $1.1M in 2021. The building is 27,878 square feet, implying about 39 per square foot on the published price. This page is the Bayville, New Jersey file for the 198 Harbor Inn Rd, Bayville, NJ, USA development site sold: pricing, party profiles, and other closed development site comps from the same Bayville sit in the Market section below. Filter that Bayville development site set by closing date to see what else sold near 198 Harbor Inn Rd, Bayville, NJ, USA around 2021. Published consideration for 198 Harbor Inn Rd, Bayville, NJ, USA is $1.1M, dated 2021. Cite this John W. Fluta Acquires Development Site In Bayville For $1.09M sale when underwriting similar development site product around Bayville, New Jersey.
Players
Bayville Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93