Updated Dec 21, 2023
Sibongile & Fabian McNally Acquire Maplewood SFR For $1.145M
492 Ridgewood Road
$1,145,000
$698/SF
Building Size
1,640 SF
Asset Type
Single Family Residence
Closing
Sep 30, 2022
About this deal
AI
The property at 492 Ridgewood Road in Maplewood, NJ was recently sold. The single-family home has a total area of 1,640 square feet and was sold for a price of $1,145,000. The sale price per square foot was calculated to be $698. The transaction took place on September 30, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,145,000
- Address: 492 Ridgewood Road, Maplewood, NJ
- Market: Maplewood, NJ
The buyer of the property was Sibongile & Fabian McNally, while the sellers were Jared & Sarah Fertman. The transaction was facilitated by John Scipione and Ava Dolcemascolo from Lighthouse Residential. John Scipione and Ava Dolcemascolo represent the buyers and sellers respectively in this deal. Notably, Ava Dolcemascolo is the youngest sales agent at Lighthouse Residential and is known for her dedication and high-quality work.
Players
Maplewood 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
13.85%
Cash-on-Cash
-3.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93