Updated Dec 21, 2023
Jim Nguyen & Jade Smith Acquire Other Vacant Property In Westfield, NJ For $1.68M
133 North Chestnut Street, Westfield, New Jersey 07090, United States
$1,680,000
$674/SF
Building Size
2,490 SF
Asset Type
Other
Closing
Dec 19, 2021
About this deal
AI
The other vacant property located at 133 Chestnut St N in Westfield, NJ has been sold. The transaction took place on December 20, 2021. The property spans a total of 2,490 square feet and was sold for a price of $1,680,000, resulting in a price per square foot of $675.
Summary of transaction details:
- Property Type: Other Vacant
- Transaction Amount: $1,680,000
- Address: 133 Chestnut St N, Westfield, NJ
- Market: Westfield, NJ
- Buyer: Jim Nguyen & Jade Smith
- Seller: Giovanni Mastroianni
- Square Footage: 2,490
- Price per Square Foot: $675
The buyers in this transaction were Jim Nguyen and Jade Smith. Giovanni Mastroianni served as the seller. They were represented by their respective broker representatives from their agencies.
Players
Westfield Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93