Updated Dec 21, 2023
Berkshire Hathaway HomeServices Fox & Roach-Simpson OC Acquires SFR In Ocean City For $4.15M
234 E Atlantic Blvd, Ocean City, NJ, USA
$4,150,000
$563/SF
Building Size
7,370 SF
Asset Type
Single Family Residence
Closing
Feb 4, 2021
About this deal
AI
An SFR property located at 234 E Atlantic Blvd in Ocean City was recently sold for a price of $4,150,000. The transaction took place on 02/05/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,150,000
- Address: 234 E Atlantic Blvd
- Market: Ocean City
The buyer's representative in this deal was Damon Bready from Berkshire Hathaway HomeServices Fox & Roach-Simpson OC. Joseph Scarpati from J Properties LLC represented the seller in the transaction.
Images of the property are available on Instagram.
Players
Ocean City 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
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93