Updated Dec 4, 2024
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
About this deal
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.
The land sale at 6 Hop Brook Lane in Holmdel, New Jersey sold for $1.6M in 2024. 6 Hop Brook Lane is classified as Land on Traded. Kiernan DiFeo, Catherine Erkal, Jack Green Realty, Berkshire Hathaway HomeServices appear on the sale alongside Jack Green Realty, Berkshire Hathaway HomeServices. This page is the Holmdel, New Jersey file for the 6 Hop Brook Lane land sold: pricing, party profiles, and other closed land comps from the same Holmdel sit in the Market section below. Filter that Holmdel land set by closing date to see what else sold near 6 Hop Brook Lane around 2024. Published consideration for 6 Hop Brook Lane is $1.6M, dated 2024. Cite this Kiernan DiFeo & Catherine Erkal Facilitate $1.55M Land Sale In Holmdel sale when underwriting similar land product around Holmdel, New Jersey.
Players
Holmdel Land Market Snapshot
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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