Updated Dec 4, 2024
SOLDLand
Chris Ryan Of Coldwell Banker Sells 80.57 Acres Of Land At 50 Rues Road In Cream Ridge For $1.8M
50 Rues Road
$1,800,000
Building Size
—
Asset Type
Land
Closing
Jan 18, 2024
About this deal
AI
An 80.57-acre vacant land located at 50 Rues Road in Cream Ridge has been sold for a total of $1,800,000. The sale was facilitated by Chris Ryan of Coldwell Banker.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,800,000
- Address: 50 Rues Road, Cream Ridge
- Market: Cream Ridge
- Broker: Chris Ryan - Coldwell Banker
Chris Ryan of Coldwell Banker played a key role in the sale of the 80.57-acre vacant land at 50 Rues Road in Cream Ridge for a total of $1,800,000.
Players
Cream Ridge 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93