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320 Wastena Terrace

Alex Murdkovich Acquires SFR In Ridgewood For $1.3M
SOLDSingle Family Residence

Alex Murdkovich Acquires SFR In Ridgewood For $1.3M

320 Wastena Terrace

$1,300,000

$563/SF

Building Size

2,309 SF

Asset Type

Single Family Residence

Closing

Jul 5, 2022

AI

The single-family home located at 320 Wastena Terrace in Ridgewood has been sold for $1,300,000. Spanning 2,309 square feet, the property was purchased by Alex Murdkovich from the seller, Bruce Tripido. The sale was facilitated by Melissa Rubenstein from Christie's International Real Estate, who represented both parties in the transaction. The purchase price per square foot (PPSF) for this property was $563.

Summary of Transaction Details

  • Property Type: Single-Family Home
  • Transaction Amount: $1,300,000
  • Square Footage: 2,309
  • Address: 320 Wastena Terrace
  • Market: Ridgewood

Melissa Rubenstein from Christie's International Real Estate played a crucial role as the broker in this transaction, representing both the buyer, Alex Murdkovich, and the seller, Bruce Tripido. Through their expertise and negotiation skills, the deal for this single-family home was successfully closed.

Players

Melissa Rubenstein

Christie's International Real Estate

Broker

$5.5M

vol

3 deals

Broker

Ridgewood Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93