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Susan DiMeglio Facilitates $1.375M Sale Of 1.51-Acre Land In Princeton
SOLD
$1,375,000
New Jersey
See Similar DealsLand
Sold 05/10/2024
SOLD
Susan DiMeglio Facilitates $1.375M Sale Of 1.51-Acre Land In Princeton
Land
Sold 05/10/2024
Summary
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$73,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,885.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,518.20
Annual Debt Service$78,218.42
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