SOLDLand
Kiernan DiFeo & Catherine Erkal Facilitate $1.55M Land Sale In Holmdel
6 Hop Brook Lane
$1,550,000
Building Size
—
Asset Type
Land
Closing
Apr 23, 2024
AI
In Holmdel, 6 Hop Brook Lane, a land asset spanning 3.03 acres, was sold for $1,550,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,550,000
- Address: 6 Hop Brook Lane
- Market: Holmdel
- Asset Type: Land
- Acres: 3.03
Kiernan DiFeo of Jack Green Realty represented the buyer in the transaction, while Catherine Erkal of Berkshire Hathaway HomeServices represented the seller.
Players
Holmdel Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93