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1625 Twin Lakes Drive, Mana...

Berkshire Hathaway HomeServices Acquires Manasquan SFR For $4.2M
SOLDSingle Family Residence

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

Patrick Butera

Berkshire Hathaway HomeServices

Broker

$16.3M

vol

4 deals

Broker

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