Updated Oct 29, 2024
Currid Acquires Kinnelon SFR For $1.1M From Mooney Trust With Buyer's Rep Jeff Montemarano & Jason Amendolia - Century 21 Preferred Realty
23 Spice Bush Rd, Kinnelon, NJ, USA
$1,100,000
$169/SF
Building Size
6,500 SF
Asset Type
Single Family Residence
Closing
Feb 23, 2021
About this deal
AI
Located in Kinnelon, the property at 23 Spice Bush Rd recently changed hands in a sale transaction. The single-family home spans 6,500 square feet, offering ample space for its new owners. The transaction took place on February 24, 2021, with a sale price of $1,100,000. This equates to a price per square foot of $169, showcasing the value of the property.
Summary of transaction details
- Property Type: Single Family Residential
- Transaction Amount: $1,100,000
- Address: 23 Spice Bush Rd
- Market: Kinnelon
The buyer of the property is Currid, while the seller is the Mooney Trust. Representing the buyer in this transaction are Jeff Montemarano from Century 21 Preferred Realty (@jeffmontemarano) and Jason Amendolia (@thejasonalan). Meanwhile, Realty Executives acted as the seller's representative. The deal was successfully facilitated by these individuals and agencies, ensuring a smooth transaction for both parties involved.
Players
Kinnelon 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93