Updated Dec 4, 2024
SOLDLand
Kaitlyn Siracusa Of Weichert Realtors Represents Buyer In 20.88 Acre Land Sale For $1.495M
0 Willow Avenue
$1,495,000
Building Size
—
Asset Type
Land
Closing
Jul 24, 2024
About this deal
AI
A 20.88-acre land parcel located at 0 Willow Avenue in Peapack Gladstone Boro sold for a price of $1,495,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,495,000
- Address: 0 Willow Avenue
- Market: Peapack Gladstone Boro
- ACRES: 20.88
- Buyer's Representative: Kaitlyn Siracusa - Weichert Realtors
- Seller's Representatives: Karen Seifert & Leigh Fenwick - Turpin Real Estate
Kaitlyn Siracusa represented the buyer in this transaction, while Karen Seifert and Leigh Fenwick acted on behalf of the seller. The deal reflects the activities of these real estate professionals in the market.
Players
Peapack 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
10.61%
Cash-on-Cash
-3.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93