Kristina Doliszny Acquires Land In Ocean City For $2.1M
SOLD
$2,100,000
New Jersey
See Similar DealsLand6,969 SF
Sold 02/23/2023
SOLD
Kristina Doliszny Acquires Land In Ocean City For $2.1M
1116 Ocean Ave
See Similar DealsLand6,969 SF
Sold 02/23/2023
Summary
NEW JERSEY
Asset Type:Land
Price Per Square Foot:$301
Total Square Footage:6,969 SF
Transaction Type:Sale
The property involved in this closed transaction is a land located at 1116 Ocean Ave in Ocean City. The transaction took place on 02/23/2023. The market value of the land is $2,100,000, with a lot size of 6,969 square feet. The price per square foot is $301.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,100,000
- Lot Size: 6,969 square feet
- Price per Square Foot: $301
The deal was facilitated by Kristina Doliszny from Keller Williams Realty. They acted as the broker in this transaction, representing either the buyer or the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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