BHHS Zack Shore Realtors Acquires SFR In Beach Haven For $4M, Represented By Craig Stefanoni And Edward Freeman
SOLD
$4,000,000
New Jersey
See Similar DealsSingle Family Residence8,080 SF
Sold
SOLD
BHHS Zack Shore Realtors Acquires SFR In Beach Haven For $4M, Represented By Craig Stefanoni And Edward Freeman
1900 Virginia Ave, Beach Haven, NJ, USA
See Similar DealsSingle Family Residence8,080 SF
Sold
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$495
Total Square Footage:8,080 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 1900 Virginia Ave in Beach Haven. The sale took place on February 12, 2021. The property spans 8,080 square feet and was sold for $4,000,000, resulting in a price per square foot of $495.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $4,000,000
- Date: 02/12/2021
- Address: 1900 Virginia Ave, Beach Haven
- Market: Beach Haven
- Buyer's Rep: Craig Stefanoni - BHHS Zack Shore Realtors
- Seller's Rep: Edward Freeman - RE/MAX at Barnegat Bay - Ship Bottom
The buyer in this transaction was represented by Craig Stefanoni from BHHS Zack Shore Realtors, while the seller was represented by Edward Freeman from RE/MAX at Barnegat Bay - Ship Bottom.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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