Berkshire Hathaway HomeServices Acquires Manasquan SFR For $4.2M
1625 Twin Lakes Drive, Manasquan, NJ, USA
$4,200,000
$617/SF
Building Size
6,800 SF
Asset Type
Single Family Residence
Closing
Jan 21, 2021
AI
Located in Manasquan, this single-family residential property at 1625 Twin Lakes Drive has recently been sold for a price of $4,200,000. With a spacious interior spanning approximately 6,800 square feet, this property offers ample space for its new owners. The price per square foot comes in at $618, highlighting the value of this transaction. The sale was facilitated by the experienced brokers Patrick Butera and Anthony Garofalo from Berkshire Hathaway HomeServices.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,200,000
- Address: 1625 Twin Lakes Drive
- Market: Manasquan
- Asset Type: SFR
- Brokers: Patrick Butera & Anthony Garofalo - Berkshire Hathaway HomeServices
- SF: 6,800
- PPSF: $618
The successful sale of this property was made possible by the dedicated efforts of Patrick Butera and Anthony Garofalo, both representing Berkshire Hathaway HomeServices. Their expertise in the real estate market played a crucial role in finalizing this deal, ensuring that both the buyer and seller were satisfied with the outcome.
Players
Manasquan 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93