Updated May 12, 2025
Michael N. Todaro Of Golden Image Realty Sells Point Pleasant Beach SFR For $1.5M
109 Parkway, Point Pleasant Beach, New Jersey 08742, United States
$1,525,000
$508/SF
Building Size
3,000 SF
Asset Type
Single Family Residence
Closing
May 26, 2022
About this deal
AI
The property asset involved in the transaction is a single-family residence located at 109 Parkway in Point Pleasant Beach. The asking price for the property was $1,299,000, and it was sold for a sale price of $1,525,000. The residence has a total living space of approximately 3,000 square feet, resulting in a price per square foot of $508.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,525,000
- Address: 109 Parkway
- Market: Point Pleasant Beach
- Broker: Michael N. Todaro
- Agency: Golden Image Realty
- Asking Price: $1,299,000
- Square Footage: 3,000
- Price per Square Foot: $508
Michael N. Todaro serves as the broker manager representing the seller in this transaction through Golden Image Realty, located at 82 W Main St, Ramsey, NJ. For inquiries, he can be reached directly at 201-522-7641 or through the office at 201-760-1700.
Players
Point Pleasant Beach 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
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93