Updated Dec 4, 2024
Joseph Mancini Of Mancini Realty Co. Inc. Sells 3,999-SF Land In Beach Haven For $2.5M
6107 Ocean Boulevard
$2,500,000
$625/SF
Building Size
3,999 SF
Asset Type
Land
Closing
Aug 4, 2024
About this deal
AI
A 3,999-square-foot land parcel at 6107 Ocean Boulevard in Beach Haven sold for $2.5 million, with a price per lot square foot of $625. The property is situated in a location known for its beach access and community amenities.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,500,000
- Lot Size: 3,999 square feet
- Price per Lot Square Foot: $625
- Address: 6107 Ocean Boulevard
- Market: Beach Haven
- Broker: Joseph Mancini - Mancini Realty Co. Inc.
Joseph Mancini of Mancini Realty Co. Inc. represented the transaction, facilitating the sale and ensuring the process was conducted smoothly. His expertise in the Beach Haven market contributed to the successful closing of the deal.
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Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93