Updated Dec 4, 2024
Nancy Campione & Ralph Paul Busco Close $1.225M Land Sale In Brigantine
422 West Shore Drive
$1,225,000
Building Size
—
Asset Type
Land
Closing
Mar 15, 2024
About this deal
AI
422 West Shore Drive is a vacant land property in Brigantine that was successfully sold for $1,225,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,225,000
- Address: 422 West Shore Drive
- Market: Brigantine
Nancy Campione, representing Weichert Realtors, facilitated the purchase on behalf of the buyer, while Ralph Paul Busco, from Soleil Sotheby's International Realty, oversaw the transaction as the seller's representative.
The land sale at 422 West Shore Drive in Brigantine, New Jersey sold for $1.2M in 2024. 422 West Shore Drive is classified as Land on Traded. Ralph Paul Busco, Nancy Campione, Weichert Realtors, Sotheby's International Realty appear on the sale alongside Weichert Realtors, Sotheby's International Realty. This page is the Brigantine, New Jersey file for the 422 West Shore Drive land sold: pricing, party profiles, and other closed land comps from the same Brigantine sit in the Market section below. Filter that Brigantine land set by closing date to see what else sold near 422 West Shore Drive around 2024. Published consideration for 422 West Shore Drive is $1.2M, dated 2024. Cite this Nancy Campione & Ralph Paul Busco Close $1.225M Land Sale In Brigantine sale when underwriting similar land product around Brigantine, New Jersey.
Players
Brigantine Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93