Barbara Roff Acquires SFR In Avalon For $7.75M With Seller's Rep John Binder Jr
141 65th Street, Avalon, NJ, USA
$7,750,000
$1,691/SF
Building Size
4,581 SF
Asset Type
Single Family Residence
Closing
Jan 10, 2021
AI
A single-family residence located at 141 65th Street in Avalon has been sold for $7,750,000. The property spans 4,581 square feet, resulting in a price per square foot of $1,692. The transaction took place on January 11, 2021, and was represented by Barbara Roff from Long & Foster Real Estate Inc. as the buyer's representative, and John (Jack) Binder Jr. from Ferguson Dechert, Inc as the seller's representative.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,750,000
- Address: 141 65th Street, Avalon
- Market: Avalon
- Asset Type: SFR
Barbara Roff from Long & Foster Real Estate Inc. represented the buyer in this transaction, while John (Jack) Binder Jr. from Ferguson Dechert, Inc represented the seller. The sale of this property showcases the collaboration between these two representatives in closing the deal for the buyer and seller.
Players
Avalon Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93