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205 Pennsylvania Avenue

Joanne L Reilly & Mary Cannon Sell Spring Lake SFR For $2.05M
SOLDSingle Family Residence

Joanne L Reilly & Mary Cannon Sell Spring Lake SFR For $2.05M

205 Pennsylvania Avenue

$2,050,000

$1,153/SF

Building Size

1,777 SF

Asset Type

Single Family Residence

Closing

Jul 19, 2022

AI

On July 19, 2022, a single-family residential property located at 205 Pennsylvania Ave in Spring Lake was sold for a total price of $2,050,000. The property spans across 1,777 square feet and was purchased at a price per square foot of $1,154.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $2,050,000
  • Address: 205 Pennsylvania Ave, Spring Lake
  • Market: Spring Lake

Joanne L Reilly, representing Diane Turton, Realtors, served as the buyer's representative in the transaction. Mary Cannon, from Sitar Realty Company, acted as the seller's representative.

Players

Joanne Reilly

Diane Turton, Realtors

Broker

$29.2M

vol

9 deals

Broker

Erie Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93