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3 Point of Woods Drive, Sou...

Rajani & Suresh Chunduru Acquires Other Vacant Property In South Brunswick Twp, NJ For $1.2M
SOLDOther

Rajani & Suresh Chunduru Acquires Other Vacant Property In South Brunswick Twp, NJ For $1.2M

3 Point of Woods Drive, South Brunswick, New Jersey 08852, United States

$1,199,625

Building Size

Asset Type

Other

Closing

Jan 13, 2022

AI

The property involved in this transaction is an Other Vacant asset located at 3 Point Of Woods Dr in South Brunswick Twp, NJ. The sale took place on January 14, 2022, with a transaction amount of $1,199,625. The buyer of the property is Rajani Chunduru & Suresh Chunduru, and the seller is Jason Kaplan.

Summary of transaction details

  • Property Type: Other Vacant
  • Transaction Amount: $1,199,625

Rajani Chunduru & Suresh Chunduru acted as the buyers in this deal, while Jason Kaplan served as the seller.

Players

Jason Kaplan

Seller

$39.4M

vol

4 deals

Seller

Monmouth Junction 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93