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1 Deerhill Road

Prominent Properties Sotheby's International Realty Sells Land In Alpine For $1.6M
SOLDLand

Prominent Properties Sotheby's International Realty Sells Land In Alpine For $1.6M

1 Deerhill Road

$1,575,000

Building Size

Asset Type

Land

Closing

Nov 2, 2023

AI

1 Deerhill Road in Alpine, marketed by Rosemarie Campi of Prominent Properties Sotheby's International Realty, was sold for $1,575,000. The transaction involves land in the Alpine market.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,575,000
  • Broker: Rosemarie Campi - Prominent Properties Sotheby's International Realty

The sale of 1 Deerhill Road in Alpine was facilitated by Rosemarie Campi of Prominent Properties Sotheby's International Realty. She represented the buyer and seller in the transaction, which resulted in the successful sale of the land.

Players

Rosemarie Campi

Sotheby's International Realty

Broker

$27.8M

vol

4 deals

Broker

Alpine 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

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93