Updated Dec 4, 2024
Larry DePalma Facilitates $1.26M Sale Of 0.59 Acre Land Parcel In Millville
0 Whitaker Avenue
$1,260,000
Building Size
—
Asset Type
Land
Closing
Mar 18, 2024
About this deal
AI
0 Whitaker Avenue, a land parcel spanning 0.59 acres in Millville, was sold for $1,260,000. The transaction was facilitated by Larry DePalma of DePalma Realty.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $1,260,000
- Address: 0 Whitaker Avenue
- Market: Millville
Larry DePalma of DePalma Realty represented the parties involved in the sale of 0 Whitaker Avenue.
The land sale at 0 Whitaker Avenue in Millville, New Jersey sold for $1.3M in 2024. 0 Whitaker Avenue is classified as Land on Traded. Larry DePalma, DePalma Realty appear on the sale alongside DePalma Realty. This page is the Millville, New Jersey file for the 0 Whitaker Avenue land sold: pricing, party profiles, and other closed land comps from the same Millville sit in the Market section below. Filter that Millville land set by closing date to see what else sold near 0 Whitaker Avenue around 2024. Published consideration for 0 Whitaker Avenue is $1.3M, dated 2024. Cite this Larry DePalma Facilitates $1.26M Sale Of 0.59 Acre Land Parcel In Millville sale when underwriting similar land product around Millville, New Jersey.
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Millville Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.59%
Cash-on-Cash
-3.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93