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Susan DiMeglio Facilitates ...

Susan DiMeglio Facilitates $1.375M Sale Of 1.51-Acre Land In Princeton
SOLDLand

Susan DiMeglio Facilitates $1.375M Sale Of 1.51-Acre Land In Princeton

$1,375,000

Building Size

Asset Type

Land

Closing

May 10, 2024

AI

In Princeton, a 1.51-acre vacant land parcel located at 17 Prentice Lane was sold for $1,375,000. The transaction was facilitated by Susan DiMeglio of Callaway Henderson Sotheby's International Realty.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,375,000
  • Address: 17 Prentice Lane
  • Market: Princeton
  • Broker: Susan DiMeglio - Callaway Henderson Sotheby's International Realty

The transaction at 17 Prentice Lane was successfully closed under the representation of Susan DiMeglio from Callaway Henderson Sotheby's International Realty, highlighting her expertise in managing the deal.

Players

Susan DiMeglio

Sotheby's International Realty

Broker

$3.5M

vol

3 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

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93