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

Property Image
SOLD
$1,999,000

New Jersey

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Single Family Residence3,000 SF
Sold 07/13/2022
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Property Image
SOLD

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

47 Twin Brooks Road

See Similar Deals
Single Family Residence3,000 SF
Sold 07/13/2022
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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.

Players

Michael Todaro
13 deals$26.3M volume(201) 760-1700
BROKER

Michael Randy
Coldwell Banker
1 deal$2M volume
BROKER

Joe (Blaze) Blazejewski
Coldwell Banker
2 deals$3.4M volume
BROKER

Details

SOLD
IMAGE: Michael N. Todaro DATE: 07/13/2022 ADDRESS: 47 Twin Brooks Rd MARKET: Saddle River ASSET TYPE: SFR BUYER'S REP: Michael N. Todaro (@YourRealEstateAgent) - Michael Properties Golden Image Realty (@YourPropertyBroker) SELLER'S REP: Michael Randy & Joe "Blaze" Blazejewski - Coldwell Banker Allendale SALE PRICE: $1,999,000 SF: 3,000 ` PPSF: $666

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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