Updated Sep 5, 2024
Berkshire Hathaway HomeServices Acquires SFR In Long Beach Township For $4.7M
123 E Colorado Ave, Long Beach Township, NJ, USA
$4,700,000
$930/SF
Building Size
5,051 SF
Asset Type
Single Family Residence
Closing
Feb 18, 2021
About this deal
AI
The property involved in this transaction is a single-family home located at 123 E Colorado Ave in Long Beach Township. The property has a total area of 5,051 square feet and was sold for a price of $4,700,000, resulting in a price per square foot of $931.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,700,000
- Address: 123 E Colorado Ave
- Market: Long Beach Township
Craig Stefanoni from BHHS Zack Shore Realtors represented the buyer in this transaction, while Bonnie Wells from Coastal Living Real Estate Group represented the seller.
Players
Long Beach Township Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $930 per square foot on a published $4.7M for 5,051 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93