Berkshire Hathaway HomeServices Acquires Single Family Home In Mantoloking For $5.6M
1129 Ocean Ave, Mantoloking, NJ, USA
$5,625,000
$211/SF
Building Size
26,600 SF
Asset Type
Single Family Residence
Closing
Mar 1, 2021
AI
The single-family property located at 1129 Ocean Ave in Mantoloking has been sold. The transaction took place on 03/02/2021 for a sale price of $5,625,000. The property is situated in a desirable location near the ocean.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,625,000
- Address: 1129 Ocean Ave
- Market: Mantoloking
The buyer of this property was represented by Kellie Fisher from RE/MAX Elite. The seller, on the other hand, was represented by Brittany Schwartz and Gregory DeTommaso from Berkshire Hathaway HomeServices Fox & Roach. Both the buyer and seller were well-represented by their respective agents throughout the transaction.
Players
Mantoloking Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.82%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93