Kristina Doliszny Acquires Land In Ocean City For $2.1M
1116 Ocean Ave
$2,100,000
$301/SF
Building Size
6,969 SF
Asset Type
Land
Closing
Feb 23, 2023
AI
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.
Ocean City 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93