Updated Sep 5, 2024
Kevin Zeitler Sells Single Family Home In Paramus, NJ For $2.05M With Broker Gershon Adjaye
325 Spring Valley Rd, Paramus, Bergen County, NJ, USA
$2,050,000
$428/SF
Building Size
4,790 SF
Asset Type
Single Family Residence
Closing
Jul 14, 2020
About this deal
AI
The single-family property located at 325 Spring Valley Rd in Paramus, NJ, Bergen County, was recently sold. The transaction took place on 07/14/2021. The property, spanning 4,790 square feet, was sold for a total price of $2,050,000. The seller, Kevin Zeitler, enlisted the services of broker Gershon Adjaye for the sale.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,050,000
- Address: 325 Spring Valley Rd, Paramus, NJ
- Market: Bergen County, Paramus, NJ
- Seller: Kevin Zeitler
- Broker: Gershon Adjaye
Kevin Zeitler, the seller, sought the representation of Gershon Adjaye as the broker in the sale of the property. The asset, characterized by its spacious 4,790 square feet layout, commanded a sale price of $2,050,000.
Paramus Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $428 per square foot on a published $2.1M for 4,790 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93