Tom Misuraca & James Conticello Of Keller Williams Realty Sell Single Family Home In Mantoloking For $5.1M
SOLD
$5,100,000
New Jersey
See Similar DealsSingle Family Residence5,000 SF
Sold 03/21/2025
SOLD
Tom Misuraca & James Conticello Of Keller Williams Realty Sell Single Family Home In Mantoloking For $5.1M
1314 Ocean Avenue
See Similar DealsSingle Family Residence5,000 SF
Sold 03/21/2025
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$1,020
Total Square Footage:5,000 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 1314 Ocean Avenue in Mantoloking. This single-family home encompasses a total of 5,000 square feet and was sold for $5,100,000, reflecting a price per square foot of $1,020.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,100,000
- Square Footage: 5,000
- Price per Square Foot: $1,020
- Address: 1314 Ocean Avenue
- Market: Mantoloking
- Brokers: Tom Misuraca & James Conticello - Keller Williams Realty
Tom Misuraca and James Conticello represented the brokers in this transaction under Keller Williams Realty, facilitating the sale of the property to the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$271,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22
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