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Land In Brigantine Sold For $1.275M By Ann Wenitsky & Ralph Paul Busco Of Brigantine Beach Real Estate
SOLD
$1,275,000
New Jersey
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Sold
SOLD
Land In Brigantine Sold For $1.275M By Ann Wenitsky & Ralph Paul Busco Of Brigantine Beach Real Estate
3849 Atlantic-Brigantine Boulevard
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Sold
Summary
NEW JERSEY
Asset Type:Land
Transaction Type:Sale
Land at 3849 Atlantic-Brigantine Boulevard in Brigantine was sold for $1,275,000, with Ann Wenitsky and Ralph Paul Busco of Brigantine Beach Real Estate facilitating the sale. The property covers an area of 6,534 square feet, resulting in a price per square foot of $195.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,275,000
- Address: 3849 Atlantic-Brigantine Boulevard
- Market: Brigantine
- Brokers: Ann Wenitsky & Ralph Paul Busco - Brigantine Beach Real Estate
- Lot Size: 6,534 square feet
- Price per Square Foot: $195
Ann Wenitsky and Ralph Paul Busco, representing Brigantine Beach Real Estate, played a pivotal role in facilitating the sale of the land at 3849 Atlantic-Brigantine Boulevard in Brigantine.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81
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