Updated Sep 9, 2024
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
About this deal
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.
On the Map
$2,050,000
$1,153/SF
Single Family Residence
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Players
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