Updated Dec 4, 2024
Land In Brigantine Sold For $1.275M By Ann Wenitsky & Ralph Paul Busco Of Brigantine Beach Real Estate
3849 Atlantic-Brigantine Boulevard
$1,275,000
Building Size
—
Asset Type
Land
Closing
Oct 3, 2023
About this deal
AI
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.
Players
Brigantine Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93