April Blount & Brandon Blount Acquire Single Family Residence In Livingston For $1.82M
SOLD
$1,825,000
New Jersey
See Similar DealsSingle Family Residence4,913 SF
Sold 05/15/2024
SOLD
April Blount & Brandon Blount Acquire Single Family Residence In Livingston For $1.82M
36 Rainbow Ridge Drive
See Similar DealsSingle Family Residence4,913 SF
Sold 05/15/2024
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$371
Total Square Footage:4,913 SF
Transaction Type:Sale
A single-family residence located at 36 Rainbow Ridge Drive in Livingston was recently sold for $1,825,000. The property spans 4,913 square feet, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $1,825,000
- Address: 36 Rainbow Ridge Drive
- Market: Livingston
- Buyer's Rep: April Blount & Brandon Blount - Berkshire Hathaway Home Services
April Blount and Brandon Blount of Berkshire Hathaway Home Services represented the buyers in this real estate transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$97,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,483.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,651.43
Annual Debt Service$103,817.17
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