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10 Prentice Lane

1. 1.5-Acre Land Property Sold In Princeton For $1.05M By Kelly Eager & Susan DiMeglio
SOLDLand

1. 1.5-Acre Land Property Sold In Princeton For $1.05M By Kelly Eager & Susan DiMeglio

$1,050,000

Building Size

Asset Type

Land

Closing

Jan 8, 2024

AI

A 1.5-acre land property located at 10 Prentice Lane in Princeton has been sold for $1,050,000. The sale was facilitated by Kelly Eager and Susan DiMeglio of Callaway Henderson Sotheby's International Realty.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,050,000
  • Address: 10 Prentice Lane, Princeton
  • Market: Princeton
  • Asset Type: Land
  • Acres: 1.5

Kelly Eager and Susan DiMeglio of Callaway Henderson Sotheby's International Realty facilitated the sale of the 1.5-acre land property located at 10 Prentice Lane in Princeton.

Players

Susan DiMeglio

Sotheby's International Realty

Broker

$3.5M

vol

3 deals

Broker

Market 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93