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Anhalt Realty Acquires 0.76 Acre Land In Englewood For $1.25M

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SOLD
$1,250,000

New Jersey

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Land
Sold 02/13/2024
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SOLD

Anhalt Realty Acquires 0.76 Acre Land In Englewood For $1.25M

250 Walnut Street

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Land
Sold 02/13/2024
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Summary

NEW JERSEY
Asset Type:Land
Transaction Type:Sale

The sale involved a land asset spanning 0.76 acres located at 250 Walnut Street in Englewood. The transaction was brokered by Arielle Brenner of Anhalt Realty representing the buyer and Ruth Miron-Schleider of Miron Properties representing the seller. The sale price for this property was $1,250,000.

Summary of transation details:

  • Property Type: Land
  • Transaction Amount: $1,250,000
  • Address: 250 Walnut Street
  • Market: Englewood
  • Buyer's Rep: Arielle Brenner - Anhalt Realty
  • Seller's Rep: Ruth Miron-Schleider - Miron Properties

Arielle Brenner from Anhalt Realty facilitated the $1.25 million sale of the 0.76-acre property at 250 Walnut Street in Englewood, with Ruth Miron-Schleider of Miron Properties acting as the seller's representative in the transaction.

Players

Ruth Miron-Schleider
1 deal$1.3M volume(201) 906-6024
BROKER

Arielle Brenner
Anhalt Realty
1 deal$1.3M volume(201) 401-0676
BROKER

Details

SOLD
IMAGE: Arielle Brenner & Ruth Miron-Schleider DATE: 02/13/2024 ADDRESS: 250 Walnut Street MARKET: Englewood ASSET TYPE: Land ~ ACRES: 0.76 BUYER'S REP: Arielle Brenner - Anhalt Realty SELLER'S REP: Ruth Miron-Schleider (@RuthMironSchleider) - Miron Properties (@MironLuxRealEstate) SALE PRICE: $1,250,000 NOTE: Anhalt Realty's Arielle Brenner brokered the $1.25 million sale of 0.76 acres at 250 Walnut Street in Englewood, with Ruth Miron-Schleider of Miron Properties representing the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65