Updated Oct 28, 2024
Lisa Medina Acquires SFR In Kinnelon, NJ For $930,000
21 Hilltop Rd, Kinnelon, NJ, USA
$930,000
$310/SF
Building Size
3,000 SF
Asset Type
Single Family Residence
Closing
May 6, 2021
About this deal
AI
A single-family residential property located at 21 Hilltop Rd in Kinnelon, NJ has recently been sold. The property, with a size of approximately 3,000 square feet, was sold for a price of $930,000. The transaction took place on 05/07/2021. The buyer of the property was Lisa Medina, while the seller was NDC Associates, LLC. The deal was facilitated by the brokers Jeff Montemarano and Jason Amendolia from Century 21 Preferred Realty.
Summary of transaction details:
- Property Type: Single-Family Residential
- Transaction Amount: $930,000
- Address: 21 Hilltop Rd, Kinnelon, NJ
- Market: Kinnelon, NJ
- Buyer: Lisa Medina
- Seller: NDC Associates, LLC
- Brokers: Jeff Montemarano - Century 21 Preferred Realty, Jason Amendolia - Century 21 Preferred Realty
C21 Preferred Realty, Inc. can be reached at 973-838-3600. The property is situated in the North Gate area of Smoke Rise, Kinnelon, NJ 07405. Jeff Montemarano, the President of Century 21 Preferred Realty, can be contacted at 973-670-1009. Jason Amendolia, the Vice President, can be reached at 973-216-5356.
Players
Kinnelon Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $310 per square foot on a published $930K for 3,000 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.06%
Cash-on-Cash
-4.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93