Michael N. Todaro Acquires Saddle River SFR For $1.99M
SOLD
New Jersey
See Similar DealsSingle Family Residence3,000 SF
Sold 07/13/2022
SOLD
Michael N. Todaro Acquires Saddle River SFR For $1.99M
47 Twin Brooks Road
See Similar DealsSingle Family Residence3,000 SF
Sold 07/13/2022
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$666
Total Square Footage:3,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,613.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,102.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,476.28
Annual Debt Service$113,715.36
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