John A. (Jack) Binder Acquires SFR In Avalon, NJ For $5.75M
SOLD
$5,750,000
New Jersey
See Similar DealsIndustrial4,600 SF
Sold
SOLD
John A. (Jack) Binder Acquires SFR In Avalon, NJ For $5.75M
549 42nd Street, Avalon, NJ 08202
See Similar DealsIndustrial4,600 SF
Sold
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$1250
Total Square Footage:4600 SF
Transaction Type:Sale
A Single Family Residential (SFR) property located at 549 42nd St in Avalon, NJ recently sold for $5,750,000 on April 23, 2021. The property spans 4,600 square feet, resulting in a price per square foot of $1,250.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $5,750,000
- Address: 549 42nd St, Avalon, NJ
- Market: Avalon, NJ
- Square Footage: 4,600
- Price Per Square Foot: $1,250
- Broker: John A. (Jack) Binder - Ferguson-Dechert, Inc
John A. (Jack) Binder of Ferguson-Dechert, Inc represented the parties involved in this transaction. The deal reflects the successful negotiation and finalization of the sale, showcasing the expertise and professionalism of all respective parties.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$306,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20
Is there something missing? Send suggestions