Updated Dec 21, 2023
Brian S. Kim Acquires Saddle River SFR For $4.6M
2 Alford Drive, Saddle River, NJ, USA
$4,600,000
$20,087/SF
Building Size
229 SF
Asset Type
Single Family Residence
Closing
Jan 21, 2021
About this deal
AI
Located in Saddle River, the property at 2 Alford Drive has recently been sold. The single-family residence sits on a spacious 2.29-acre lot, providing ample space for outdoor activities.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,600,000
- Acres: 2.29
The buyer, represented by Brian S. Kim from Proper Estates, Inc., acquired the property on January 22, 2021. On the other hand, Diana R. Leung and Terrie O'Connor, from Terrie O'Connor Realtors-Lake St., acted as the seller's representatives in the deal.
This closed transaction showcases the successful collaboration between the buyer's representative, Brian S. Kim, and the seller's representatives, Diana R. Leung and Terrie O'Connor, in the competitive Saddle River market.
On the Map
$4,600,000
$20,087/SF
Single Family Residence
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Players
Saddle River Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $20.1K per square foot on a published $4.6M for 229 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93