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Berkshire Hathaway HomeServices Acquires SFR In Long Beach Township For $4.7M

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SOLD
$4,700,000

New Jersey

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Single Family Residence5,051 SF
Sold
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SOLD

Berkshire Hathaway HomeServices Acquires SFR In Long Beach Township For $4.7M

123 E Colorado Ave, Long Beach Township, NJ, USA

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Single Family Residence5,051 SF
Sold
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Summary

NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$930
Total Square Footage:5051 SF
Transaction Type:Sale

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

Craig Stefanoni
4 deals$16.8M volume
BROKER

Bonnie Wells
2 deals$7.5M volume
BROKER

Details

SOLD
IMAGE: Craig Stefanoni & Bonnie Wells DATE: 02/19/2021 ADDRESS: 123 E Colorado Ave MARKET: Long Beach Township ASSET TYPE: SFR BUYER'S REP: Craig Stefanoni - BHHS Zack Shore Realtors SELLER'S REP: Bonnie Wells - Coastal Living Real Estate Group PRICE: $4,700,000 SF: 5,051 ~ PPSF: $931

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,698.10
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