Updated Dec 4, 2024
SOLDLand
8.31-Acre Ranch In Chesterfield Sold For $2M By Key Realty Brokers Russ Cullen & Sikander Ranu
$2,000,000
Building Size
—
Asset Type
Land
Closing
Nov 10, 2023
About this deal
AI
In Chesterfield, an 8.31-acre ranch property located on Fenton Lane was sold for $2 million. The transaction was brokered by Russ Cullen and Sikander Ranu of Key Realty.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,000,000
- Address: Fenton Lane
- Market: Chesterfield
- Brokers: Russ Cullen & Sikander Ranu - Key Realty
The ranch property on Fenton Lane was successfully sold for a purchase price of $2 million. Russ Cullen and Sikander Ranu, representing Key Realty, played a pivotal role in facilitating the transaction.
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey land sales on Traded.
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