Updated Dec 4, 2024
Lucille Traversa & Richard Nagel Facilitate $2.15M Land Sale In Eatontown
0 Walter Avenue
$2,150,000
Building Size
—
Asset Type
Land
Closing
Apr 2, 2024
About this deal
AI
A parcel of land located at 0 Walter Avenue in Eatontown, measuring 0.65 acres, was successfully sold for $2,150,000. Lucille Traversa from Resources Real Estate represented the buyer, while Richard Nagel from Re/Max Elite represented the seller.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,150,000
- Address: 0 Walter Avenue
- Market: Eatontown
- BUYER'S REP: Lucille Traversa - Resources Real Estate
- SELLER'S REP: Richard Nagel - Re/Max Elite
The transaction at 0 Walter Avenue in Eatontown was facilitated by Lucille Traversa of Resources Real Estate representing the buyer and Richard Nagel of Re/Max Elite representing the seller, ensuring a successful sale of the land property.
Players
Eatontown Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93