SOLDLand
Barri Plawker Facilitates $1.57M Land Sale In Englewood Cliffs
33 Stephan Drive
$1,575,000
Building Size
—
Asset Type
Land
Closing
Apr 18, 2024
AI
33 Stephan Drive in Englewood Cliffs, a vacant land property, was sold for $1,575,000. The transaction, led by Barri Plawker of Howard Hanna Rand Realty, resulted in a price per lot square foot of $105 for the 15,049-square-foot parcel.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,575,000
- Address: 33 Stephan Drive
- Market: Englewood Cliffs
- Lot Square Footage: 15,049
- Price Per Lot Square Foot: $105
Barri Plawker from Howard Hanna Rand Realty played a crucial role in facilitating the sale of 33 Stephan Drive in Englewood Cliffs.
Englewood Cliffs 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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93