Updated Dec 21, 2023
Doojin Yoon's Coldwell Banker Sells SFR In Old Tappan, NJ For $875K
2 Lawrence Court, Old Tappan, New Jersey 07675, United States
$875,000
$291/SF
Building Size
3,000 SF
Asset Type
Single Family Residence
Closing
Feb 3, 2022
About this deal
AI
A single-family home located at 2 Lawrence Ct in Old Tappan, NJ, has been sold. The property, with an area of approximately 3,000 square feet, was represented by Doojin “Danny" Yoon of Coldwell Banker. The sale price for this residential asset was $875,000, with a price per square foot of $292.
Summary of transaction details
- Property Type: SFR (Single Family Home)
- Transaction Amount: $875,000
- Square Footage: 3,000 sqft
- Address: 2 Lawrence Ct, Old Tappan, NJ
- Seller's Representative: Doojin “Danny" Yoon - Coldwell Banker
This sale, facilitated by Doojin “Danny" Yoon of Coldwell Banker, marks the successful transfer of the single-family residence located at 2 Lawrence Ct in Old Tappan, NJ. With a spacious area of 3,000 square feet, the property was purchased at a price of $875,000, resulting in a price per square foot of approximately $292.
Old Tappan Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $291 per square foot on a published $875K for 3,000 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.13%
Cash-on-Cash
-5.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93