Updated Oct 29, 2024
Alliotts Construction Sells Norwood SFR On Sherwood Rd For $2.1M With Broker Anne Van Dyke
59 Sherwood Rd, Norwood, NJ, USA
$2,100,000
$323/SF
Building Size
6,500 SF
Asset Type
Single Family Residence
Closing
Feb 23, 2021
About this deal
AI
Located in Norwood, this single-family residential property is situated at 59 Sherwood Rd. The property, owned by Alliotts Construction, was sold for a price of $2,100,000 on February 24, 2021. The property spans an area of 6,500 square feet, resulting in a price per square foot of $323.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,100,000
- Square Footage: 6,500
- Price per Square Foot: $323
- Address: 59 Sherwood Rd
- Market: Norwood
The sale of this property was facilitated by Anne Van Dyke, a representative from the brokerage agency. Kevin Alliotts, the owner of Alliotts Construction, was also involved in the transaction.
Players
Norwood Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $323 per square foot on a published $2.1M for 6,500 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93