Tamara Johnston & Patrick Butera Sell SFR In Brielle For $4M
SOLD
$4,000,000
New Jersey
See Similar DealsSingle Family Residence5,625 SF
Sold 02/19/2021
SOLD
Tamara Johnston & Patrick Butera Sell SFR In Brielle For $4M
1004 Brainard Place, Brielle, NJ, USA
See Similar DealsSingle Family Residence5,625 SF
Sold 02/19/2021
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$711
Total Square Footage:5,625 SF
Transaction Type:Sale
Located in Brielle, this single-family residential property at 1004 Brainard Pl has recently changed hands. The transaction took place on February 19, 2021, with a selling price of $4,000,000. Spanning across 5,625 square feet, the property was sold for approximately $711 per square foot.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,000,000
- Address: 1004 Brainard Pl
- Market: Brielle
Tamara Johnston from Ward Wight Sotheby's International Realty represented the buyer in this transaction, while Patrick Butera from Berkshire Hathaway HomeServices New Jersey Properties represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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