Alfredo Perez & Kathleen Kopp Perez Acquire SFR In Spring Lake, NJ For $3.6M
16 Salem Avenue, Spring Lake, NJ 07762
$3,600,000
$1,007/SF
Building Size
3,575 SF
Asset Type
Single Family Residence
Closing
May 14, 2020
AI
A single-family home located at 16 Salem Avenue in Spring Lake, NJ, has recently been sold. The property, with a total area of 3,575 square feet, was sold for a price of $3,600,000. The transaction took place on May 14, 2021, and the buyers are Alfredo Perez and Kathleen Kopp Perez. The seller of the property is Andrew Sleeman.
Summary of transaction details
- Property Type: Single Family Home
- Sale Price: $3,600,000
- Address: 16 Salem Avenue, Spring Lake, NJ
- Market: Spring Lake, NJ
The brokers involved in this transaction are Joanne L Reilly from DianeTurton.RealtorsSpringLake and Marianne Dowling. Joanne L Reilly represents the buyers Alfredo Perez and Kathleen Kopp Perez in the deal.
The property was listed with an asking price of $3,699,000, and it was ultimately sold for $3,600,000, resulting in a price per square foot of $1,007.
Players
Spring Lake 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93