Updated Sep 5, 2024
David Chin Acquires SFR In Norwood, NJ For $800K
320 Rivervale Avenue
$800,000
$385/SF
Building Size
2,074 SF
Asset Type
Single Family Residence
Closing
Jul 27, 2022
About this deal
AI
The single-family home located at 320 Rivervale Ave in Norwood, NJ has been sold for a price of $800,000. The property spans 2,074 square feet, resulting in a price per square foot of $386. The sale took place on 07/27/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $800,000
- Address: 320 Rivervale Ave, Norwood, NJ
- Market: Norwood, NJ
The buyer of the property is David Chin, while the seller is Patel Paras. Representing the buyer in this transaction were Kelly Russell and Attilio Adamo from The Adamo Group at Coldwell Banker Realty.
Players
Norwood Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $385 per square foot on a published $800K for 2,074 square feet (2022).
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Browse Norwood single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93