Updated Dec 4, 2024
Charan Bajwa Of Re/Max One Represents Buyer In 1.15M Land Sale In Princeton
56 Lafayette Road West
$1,150,000
Building Size
—
Asset Type
Land
Closing
Jul 24, 2024
About this deal
AI
56 Lafayette Ct is a 0.9-acre land parcel located in Princeton, which has been sold for $1,150,000. The sale is indicative of the current land market trends in this region, highlighting a transaction that contributes to the overall real estate landscape.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,150,000
- Address: 56 Lafayette Ct
- Market: Princeton
- Acres: 0.9
- Buyer's Representative: Charan Bajwa - Re/Max One
- Seller's Representative: Brooke Brown - Compass
The transaction involved Charan Bajwa from Re/Max One representing the buyer, while Brooke Brown from Compass represented the seller, ensuring a professional handling of the deal for both parties involved.
Princeton 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93