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121 S 17th Ave, Longport, N...

Michelle Lucca Sells Longport SFR On 121 S 17th Ave For $4.75M
SOLDSingle Family Residence

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

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

Michelle Lucca

Sail Lake Realty

Broker

$4.8M

vol

1 deal

Broker

Longport 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

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93