Updated Dec 4, 2024
Kaitlyn Siracusa Of Weichert Realtors Represents Buyer In $2 Million Land Sale In Peapack Gladstone
64 Mosle Road
$2,000,000
Building Size
—
Asset Type
Land
Closing
Aug 20, 2024
About this deal
AI
Two land parcels located at 64 & 70 Mosle Road in Peapack Gladstone Boro were sold for $2 million. The transaction involved two distinct plots of land in a competitive market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,000,000
- Buyer's Representative: Kaitlyn Siracusa - Weichert Realtors
- Seller's Representative: Robert Sameth Jr. - Turpin Real Estate
Kaitlyn Siracusa represented the buyer in this transaction, while Robert Sameth Jr. represented the seller. Both individuals are affiliated with reputable real estate agencies, facilitating a successful sale of the parcels in Peapack Gladstone Boro.
Players
Far Hills 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93