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$1.2M Land Sale Closed By John Horvath Of Weichert Realtors In Sayreville
SOLD
$1,200,000
New Jersey
See Similar DealsLand
Sold 05/31/2024
SOLD
$1.2M Land Sale Closed By John Horvath Of Weichert Realtors In Sayreville
Land
Sold 05/31/2024
Summary
Asset Type:Land
Transaction Type:Sale
In Sayreville's market, a piece of land located at 0 Andrejewski Drive has been sold for $1,200,000. The transaction was facilitated by John Horvath of Weichert Realtors.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,200,000
- Address: 0 Andrejewski Drive
- Market: Sayreville
- Broker: John Horvath - Weichert Realtors
The sale of the land at 0 Andrejewski Drive in Sayreville was overseen by John Horvath from Weichert Realtors, who acted as the broker in the transaction. The deal highlights the pivotal role played by real estate professionals in connecting buyers and sellers to facilitate property transactions.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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