Denise Dreyer Of Ward Wight Sotheby's Acquires Land In Manasquan For $1.25M
2639 River Road
$1,250,000
Building Size
—
Asset Type
Land
Closing
Dec 8, 2023
AI
A 0.42-acre land parcel located at 2639 River Road in Manasquan has been sold for $1,250,000. The transaction involved buyer's representative Denise Dreyer from Ward Wight Sotheby's International Realty and seller's representative Gregory Rice from Coldwell Banker.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,250,000
- Address: 2639 River Road
- Market: Manasquan
- ACRES: 0.42
The buyer's representative in the deal was Denise Dreyer from Ward Wight Sotheby's International Realty, while the seller's representative was Gregory Rice from Coldwell Banker.
Players
Manasquan Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93