Updated Dec 20, 2023
Michael & Amie Gordon Acquire SFR In Stone Harbor For $6.45M
100 105th Street, Stone Harbor, New Jersey 08247, United States
$6,450,000
$1,925/SF
Building Size
3,350 SF
Asset Type
Single Family Residence
Closing
May 23, 2022
About this deal
AI
A single-family home located at 100 105th St in Stone Harbor has been sold in a recent transaction. The property, represented by Burton Wilkins III of Goldcoast Sotheby's International Realty, was purchased by Michael & Amie Gordon from seller Caylene Rippon. The transaction took place on 05/24/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,450,000
- Address: 100 105th St, Stone Harbor
- Market: Stone Harbor
- Asking Price: $6,675,000
- Square Footage: 3,350
- Price per Square Foot: $1,925
The buyers, Michael & Amie Gordon, acquired the property from Caylene Rippon with the assistance of Burton Wilkins III from Goldcoast Sotheby's International Realty. The sale price was negotiated down to $6,450,000, reflecting a price per square foot of $1,925 for the 3,350 square foot home.
Players
Stone Harbor Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93