Updated Sep 5, 2024
Compass Acquires SFR In Montclair For $2.2M With Chris Lane As Buyer's Rep
125 Lloyd Road
$2,200,000
$314/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Jul 1, 2022
About this deal
AI
A single-family home located at 125 Lloyd Rd in Montclair has been sold for a price of $2,200,000. The property spans 7,000 square feet, resulting in a price per square foot of $314.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,200,000
- Address: 125 Lloyd Rd, Montclair
- Market: Montclair
- Asset Type: SFR
The sale was successfully facilitated by Chris Lane from The Lane Team at Compass. Chris Lane represented the buyer and seller in this transaction.
The single family residence sale at 125 Lloyd Road in Montclair, New Jersey sold for $2.2M in 2022. The building is 7,000 square feet, implying about 314 per square foot on the published price. Chris Lane, Compass appear on the sale alongside Compass. This page is the Montclair, New Jersey file for the 125 Lloyd Road single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Montclair sit in the Market section below. Filter that Montclair single family residence set by closing date to see what else sold near 125 Lloyd Road around 2022. Published consideration for 125 Lloyd Road is $2.2M, dated 2022. Cite this Compass Acquires SFR In Montclair For $2.2M With Chris Lane As Buyer's Rep sale when underwriting similar single family residence product around Montclair, New Jersey.
Players
Montclair 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93