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36 Featherbed Lane

Updated Dec 4, 2024

Mary Ann Calise-Wessel & Ann Marie Battaglia Handle $1.65M Land Sale In Harding Township
SOLDLand

Mary Ann Calise-Wessel & Ann Marie Battaglia Handle $1.65M Land Sale In Harding Township

36 Featherbed Lane

$1,650,000

Building Size

Asset Type

Land

Closing

May 1, 2024

About this deal

AI

In Harding Township, a 5.11-acre land parcel located at 36 Featherbed Lane was sold for $1,650,000. The transaction was represented by Mary Ann Calise-Wessel of Weichert Realtors on behalf of the buyer and Ann Marie Battaglia of Sotheby's International Realty on behalf of the seller.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,650,000
  • Address: 36 Featherbed Lane
  • Market: Harding Township

Mary Ann Calise-Wessel from Weichert Realtors and Ann Marie Battaglia from Sotheby's International Realty played key roles in facilitating the sale of the 5.11-acre land parcel at 36 Featherbed Lane. The buyer's representative, Mary Ann Calise-Wessel, and the seller's representative, Ann Marie Battaglia, were instrumental in finalizing the transaction.

Players

Ann Marie Battaglia

Sotheby's International Realty

Broker

$1.7M

vol

1 deal

Broker

Morristown 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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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