Updated Dec 21, 2023
Estate Of Frank Decker Sells Rumson SFR For $1.2M
23 Avenue of Two Rivers, Rumson, NJ 07760, USA
$1,199,000
$835/SF
Building Size
1,436 SF
Asset Type
Single Family Residence
Closing
Jun 4, 2020
About this deal
AI
The Estate of Frank Decker has recently sold a single-family home located at 23 Avenue of the Two Rivers in Rumson, NJ. The property, with a total area of 1,436 square feet, was sold for a price of $1,199,000, resulting in a price per square foot of $756. The sale was facilitated by Katherine Raftery from The Raftery Team, who represented the seller in the transaction.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,199,000
- Square Footage: 1,436
- Price per Square Foot: $756
- Address: 23 Avenue of the Two Rivers, Rumson, NJ
- Seller: Estate of Frank Decker
- Seller's Representative: Katherine Raftery - The Raftery Team
Katherine Raftery, from The Raftery Team, played a crucial role as the seller's representative in the transaction. Her expertise and negotiation skills were instrumental in ensuring a successful sale of the property.
Rumson Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $835 per square foot on a published $1.2M for 1,436 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.23%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93