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Dennis Siclari & Michael Santini Of Coldwell Banker Broker $1M Sale Of Land Parcel In Milford

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SOLD
$1,000,000

New Jersey

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Land
Sold 05/22/2024
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Property Image
SOLD

Dennis Siclari & Michael Santini Of Coldwell Banker Broker $1M Sale Of Land Parcel In Milford

Paetzell Farm Court

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Land
Sold 05/22/2024
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Summary

NEW JERSEY
Asset Type:Land
Transaction Type:Sale

A parcel of vacant land located at 0 Paetzell Farm Court in Milford was sold for $1,000,000.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,000,000
  • Address: 0 Paetzell Farm Court
  • Market: Milford

The transaction was brokered by Dennis Siclari and Michael Santini of Coldwell Banker.

Players

DS
1 deal$1M volume(908) 507-6512
BROKER

Details

SOLD
IMAGE: Michael Santini DATE: 05/22/2024 ADDRESS: 0 Paetzell Farm Court MARKET: Milford ASSET TYPE: Land BROKERS: Dennis Siclari & Michael Santini - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,000,000 NOTE: A parcel of vacant land located at 0 Paetzell Farm Court in Milford was sold for $1,000,000. The transaction, brokered by Dennis Siclari and Michael Santini of Coldwell Banker, marks a significant investment in Milford's real estate market.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12