Updated Dec 19, 2023
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
About this deal
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…
Deal FAQ
Visit Joanne Reilly to view all their deals.
Browse New Jersey single family residence sales on Traded.
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