Christina Gibbons Group Sells Ridgewood, NJ SFR For $2.6M
SOLD
$2,595,000
New Jersey
See Similar DealsSingle Family Residence7,404 SF
Sold 06/01/2020
SOLD
Christina Gibbons Group Sells Ridgewood, NJ SFR For $2.6M
244 Highland Avenue, Ridgewood, NJ, USA
See Similar DealsSingle Family Residence7,404 SF
Sold 06/01/2020
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$350
Total Square Footage:7,404 SF
Transaction Type:Sale
244 Highland Ave in Ridgewood, NJ has been sold for $2,595,000. The property is a single-family home and was sold on 06/01/2021. The transaction was facilitated by Christina Gibbons, representing Christie's International Real Estate Northern NJ.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,595,000
- Seller's Representative: Christina Gibbons from Christie's International Real Estate Northern NJ
Christina Gibbons, known for selling some of Bergen County's most beautiful homes, played a crucial role in this deal. For inquiries related to real estate needs, Christina Gibbons can be contacted directly at 917.837.8853 or via email at [email protected]. Additional information can be found on her website www.christinagibbonsgroup.com.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,219.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,301.62
Annual Debt Service$147,619.49
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