Updated Sep 5, 2024
Skyline Real Estate Partners Acquires SFR In Upper Saddle River, NJ For $1.9M
5 Saddle Horn Drive, Upper Saddle River, NJ 07458
$1,909,000
$212/SF
Building Size
9,000 SF
Asset Type
Single Family Residence
Closing
Dec 28, 2021
About this deal
AI
Located in Upper Saddle River, NJ, the recently sold single-family home at 5 Saddle Horn Drive offers a spacious living area of 9,000 square feet. The property was sold on December 28, 2021, by the seller's representative, Sibia Mathew from REMAX Properties, for a total price of $1,909,000. With a price per square foot (PPSF) of $212, this SFR transaction showcases a valuable investment opportunity.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,909,000
- Market: Upper Saddle River, NJ
- Street Address: 5 Saddle Horn Drive
- Buyer's Representative: Jon Cohen - Skyline Real Estate Partners
- Seller's Representative: Sibia Mathew - REMAX Properties
Representing the buyer in this successful transaction was Jon Cohen, a broker from Skyline Real Estate Partners. With their expertise, the buyer was able to secure this desirable property in Upper Saddle River. On the other hand, Sibia Mathew, a representative from REMAX Properties, effectively marketed and sold the property, ensuring a smooth negotiation process for the seller.
Players
Upper 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
8.31%
Cash-on-Cash
-2.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93