Updated Sep 5, 2024
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
About this deal
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.
On the Map
$2,100,000
$301/SF
Land
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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