Updated Dec 21, 2023
Joanne L Reilly & Michelle Schneider Sell SFR In Spring Lake, NJ For $4.45M
10 Salem Avenue, Spring Lake, NJ 07762
$4,450,000
$1,130/SF
Building Size
3,937 SF
Asset Type
Single Family Residence
Closing
May 24, 2020
About this deal
AI
A single-family residential property located at 10 Salem Avenue in Spring Lake, NJ, was recently sold. The property was listed by Joanne L Reilly and Michelle Schneider from an undisclosed agency. The asking price for the property was $4,299,000, and it was eventually sold for $4,450,000. The property spans across 3,937 square feet and has a price per square foot of $1,130.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,450,000
- Date: 05/24/2021
- Market: Spring Lake, NJ
- Brokers: Joanne L Reilly & Michelle Schneider
The deal was successfully facilitated by Joanne L Reilly and Michelle Schneider, who represented the buyer and seller in this transaction. The specific agency that they work for remains undisclosed. Overall, this transaction highlights the successful sale of a single-family residential property in Spring Lake, NJ.
Players
Spring Lake Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Joanne Reilly to view all their deals.
Browse New Jersey single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93