Updated Dec 21, 2023
Berkshire Hathaway HS Abbott Realtors Acquires SFR In Long Beach Island For $3.7M
130 East Old Whaling Lane, Long Beach Township, New Jersey 08008, United States
$3,700,000
$1,057/SF
Building Size
3,500 SF
Asset Type
Single Family Residence
Closing
Jun 21, 2022
About this deal
AI
The property involved in this transaction is a single-family residence located at 130 E Old Whaling Ln in Long Beach Island. The sale took place on 06/22/2022 and was facilitated by broker Pamela Stetson of Berkshire Hathaway HS Abbott Realtors.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,700,000
- Square Footage: 3,500
- Price Per Square Foot: $1,057
- Market: Long Beach Island
Pamela Stetson, a representative of Berkshire Hathaway HS Abbott Realtors, served as the buyer's agent for this transaction. She is part of the BHHS President's Circle and ranks in the top 5% nationwide. If you have any inquiries, you may contact Pamela Stetson at 201-675-1618.
Long Beach Township Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.7M for 3,500 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93