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4 Maple Avenue, Berkeley He...

Updated Dec 20, 2023

Shruthi P Chakravarthy & Madhusudhanan Gopal Acquire Other Vacant Property On 4 Maple Ave, Berkeley Heights Twp, NJ For $1.14M
SOLDOther

Shruthi P Chakravarthy & Madhusudhanan Gopal Acquire Other Vacant Property On 4 Maple Ave, Berkeley Heights Twp, NJ For $1.14M

4 Maple Avenue, Berkeley Heights, New Jersey 07922, United States

$1,140,000

$874/SF

Building Size

1,304 SF

Asset Type

Other

Closing

Jul 27, 2022

About this deal

AI

A vacant property located at 4 Maple Ave in Berkeley Heights Twp, NJ has been sold. The transaction took place on July 28, 2022. The property, categorized as an "Other Vacant" asset type, spans a total area of 1,304 square feet. The price for this transaction was $1,140,000, resulting in a price per square foot of $874.

Summary of transaction details:

  • Property Type: Other Vacant
  • Transaction Amount: $1,140,000
  • Address: 4 Maple Ave, Berkeley Heights Twp, NJ
  • Market: Berkeley Heights Twp, NJ

The buyers in this transaction are Shruthi P Chakravarthy and Madhusudhanan Gopal. On the other hand, the sellers are Ebru Santore and August N Santore Jr.

Players

Berkeley Heights Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $874 per square foot on a published $1.1M for 1,304 square feet (2022).

Browse New Jersey other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.91%

Cash-on-Cash

-3.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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