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47 Twin Brooks Road

Michael N. Todaro Acquires Saddle River SFR For $1.99M
SOLDSingle Family Residence

Michael N. Todaro Acquires Saddle River SFR For $1.99M

47 Twin Brooks Road

$1,999,000

$666/SF

Building Size

3,000 SF

Asset Type

Single Family Residence

Closing

Jul 13, 2022

AI

The property involved in this transaction is a single-family home located at 47 Twin Brooks Rd in Saddle River. The property spans 3,000 square feet and was sold for a price of $1,999,000, resulting in a price per square foot of $666.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,999,000
  • Address: 47 Twin Brooks Rd
  • Market: Saddle River

Representing the buyer in this transaction was Michael N. Todaro from Michael Properties Golden Image Realty. On the seller's side, the representatives were Michael Randy and Joe "Blaze" Blazejewski from Coldwell Banker Allendale.

Players

Michael Todaro

Serhant

Broker

$26.3M

vol

13 deals

Broker

Saddle River Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.94%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93