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109 Parkway, Point Pleasant...

Michael N. Todaro Of Golden Image Realty Sells Point Pleasant Beach SFR For $1.5M
SOLDSingle Family Residence

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

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

Michael Todaro

Serhant

Broker

$26.3M

vol

13 deals

Broker

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