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Sale · Land

Updated Dec 4, 2024

Land In Lavallette Sells For $2.75M With Schlosser Real Estate Brokers
SOLDLand

Land In Lavallette Sells For $2.75M With Schlosser Real Estate Brokers

$2,750,000

Building Size

Asset Type

Land

Closing

Jan 30, 2024

About this deal

AI

902 Oceanfront in Lavallette, a land property, sold for $2,750,000. The lot size is 7,405 square feet, with a price per square foot of $371.

Summary of transation details

  • Property Type: Land
  • Transaction Amount: $2,750,000
  • Address: 902 Oceanfront
  • Market: Lavallette

The sale of 902 Oceanfront in Lavallette was brokered by Andrea Schlosser and Matthew Schlosser of Schlosser Real Estate.

Land In Lavallette Sells For $2.75M With Schlosser Real Estate Brokers is logged as a land sale on Traded (2024). Land In Lavallette Sells For $2.75M With Schlosser Real Estate Brokers is classified as Land on Traded. Andrea Schlosser, Matthew Schlosser, Schlosser Real Estate appear on the sale alongside Schlosser Real Estate. This page is the market file for the Land In Lavallette Sells For $2.75M With Schlosser Real Estate Brokers land sold: pricing, party profiles, and other closed land comps from the same area sit in the Market section below. Cite this Land In Lavallette Sells For $2.75M With Schlosser Real Estate Brokers sale when underwriting similar land product.

Players

Matthew Schlosser

Schlosser Real Estate

Broker

$7M

vol

4 deals

Broker

Market 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

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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