Updated Dec 21, 2023
Andy Weinstein Acquires SFR In Closter For $1.025M From Seller Kim Lim
2 Cedar Court, Closter, New Jersey 07624, United States
$1,025,000
$292/SF
Building Size
3,500 SF
Asset Type
Single Family Residence
Closing
May 15, 2022
About this deal
AI
Located in Closter, this single-family home at 2 Cedar Ct was recently sold for $1,025,000. With a spacious interior spanning 3,500 square feet, this property offers ample living space. The transaction took place on May 16, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,025,000
- Address: 2 Cedar Ct
- Market: Closter
The buyer of this property is Andy Weinstein, while the seller is Kim Lim. The sale was facilitated by Rishy Tzivin Alter from RE/MAX On the Hudson, who represented both parties in the transaction.
Players
Closter Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $292 per square foot on a published $1M for 3,500 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93