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1. 1.5-Acre Land Property Sold In Princeton For $1.05M By Kelly Eager & Susan DiMeglio
SOLD
$1,050,000
New Jersey
See Similar DealsLand
Sold 01/08/2024
SOLD
1. 1.5-Acre Land Property Sold In Princeton For $1.05M By Kelly Eager & Susan DiMeglio
Land
Sold 01/08/2024
Summary
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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