Updated Dec 20, 2023
Michelle Lucca Sells Longport SFR On 121 S 17th Ave For $4.75M
121 S 17th Ave, Longport, NJ, USA
$4,750,000
$695/SF
Building Size
6,831 SF
Asset Type
Single Family Residence
Closing
Feb 7, 2021
About this deal
AI
A single-family residential property located at 121 S 17th Ave in Longport was recently sold for $4,750,000. The property, measuring 6,831 square feet, was listed by Michelle Lucca of Sail Lake Realty. The sale took place on February 8, 2021.
Summary of transaction details:
- Property Type: Single-Family Residential
- Transaction Amount: $4,750,000
- Address: 121 S 17th Ave
- Market: Longport
Michelle Lucca from Sail Lake Realty represented the seller in this transaction.
The property was sold at a price of $4,750,000, with a price per square foot of $695. This transaction represents a significant sale in the Longport market, showcasing the desirability and value of this single-family residential property.
Players
Longport Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $695 per square foot on a published $4.8M for 6,831 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93