Updated Dec 4, 2024
Lauren Parrella Of Realty Executives First Class Facilitates $1.3M Land Sale In Vernon Twp
947 Warwick Turnpike
$1,300,000
Building Size
—
Asset Type
Land
Closing
Mar 1, 2024
About this deal
AI
The property involved in the transaction is a piece of land located at 947 Warwick Turnpike in Vernon Twp. The sale of this land was facilitated by Lauren Parrella from Realty Executives First Class, with a transaction amount of $1,300,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,300,000
- Address: 947 Warwick Turnpike
- Market: Vernon Twp
Lauren Parrella from Realty Executives First Class played a key role as the broker in this land sale transaction at 947 Warwick Turnpike. The deal was successfully closed with her expertise, showcasing her commitment to facilitating real estate transactions.
Players
Hewitt 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93