David Sedlak Of Long & Foster Real Estate, Inc Acquires Townhouse In Sea Isle City For $1,730,000
SOLD
$1,730,000
New Jersey
See Similar DealsSingle Family Residence6,625 SF
Sold 12/23/2020
SOLD
David Sedlak Of Long & Foster Real Estate, Inc Acquires Townhouse In Sea Isle City For $1,730,000
4422 Venicean Road, Sea Isle City, NJ, USA
See Similar DealsSingle Family Residence6,625 SF
Sold 12/23/2020
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$261
Total Square Footage:6,625 SF
Transaction Type:Sale
A townhouse located at 4422 Venicean Sea Isle City has been sold for $1,730,000. The transaction took place on December 23, 2020. The property features undisclosed characteristics and has been represented by David Sedlak from Long & Foster Real Estate, Inc, as the buyer's representative, and Dustin Laricks from Compass RE as the seller's representative.
Summary of transaction details
- Property Type: Townhouse
- Transaction Amount: $1,730,000
- Date: 12/23/2020
- Address: 4422 Venicean Sea Isle City
- Buyer's Representative: David Sedlak - Long & Foster Real Estate, Inc
- Seller's Representative: Dustin Laricks - Compass RE
David Sedlak from Long & Foster Real Estate, Inc represented the buyer in this transaction, while Dustin Laricks from Compass RE represented the seller. No additional information about the property or the deal is available.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$92,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,146.32
Cash-on-Cash Return-1.27%
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Annual Debt Service$98,412.99
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