Updated Dec 4, 2024
Lihui Zhao Facilitates $1.08M Sale Of 2.02-Acre Land In Edison
1671 Woodland Avenue
$1,080,000
Building Size
—
Asset Type
Land
Closing
May 14, 2024
About this deal
AI
A 2.02-acre parcel of land located at 1671 Woodland Avenue in Edison has been sold for $1,080,000. The transaction was facilitated by broker Lihui Zhao of Keller WilliamsCity Life JC Realty.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,080,000
- Address: 1671 Woodland Avenue
- Market: Edison
- Broker: Lihui Zhao - Keller Williams City Life JC Realty
The sale of the 2.02-acre land parcel at 1671 Woodland Avenue in Edison for $1,080,000 was successfully handled by broker Lihui Zhao from Keller Williams City Life JC Realty.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.69%
Cash-on-Cash
-4.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93