Ocean City, NJ SFR Sold For $4.5M With Buyer's Rep Kevin Halliday & Seller's Rep Dorothy Phillips
4723 Central Avenue, Ocean City, NJ 08226
$4,500,000
$1,000/SF
Building Size
4,500 SF
Asset Type
Single Family Residence
Closing
May 16, 2021
AI
Kevin Halliday and Dorothy Phillips recently completed the sale of a single-family home located at 4723 Central Ave in Ocean City, NJ. The transaction took place on May 17, 2021, with a sale price of $4,500,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,500,000
- Buyer's Representative: Kevin Halliday - Berger Realty-A
- Seller's Representative: Dorothy Phillips - Berkshire Hathaway HomeServices Fox & Roach
This successful sale showcases the expertise and professionalism of both Kevin Halliday and Dorothy Phillips. Kevin Halliday represented the buyer, while Dorothy Phillips represented the seller. Their respective agencies, Berger Realty-A and Berkshire Hathaway HomeServices Fox & Roach, played crucial roles in facilitating the transaction.
Players
Ocean City 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93