Teresa & Joe Giudice Sell Montville Twp SFR For $2.2M From Seller Rep Josh Baris And Buyer Rep Jonathan Medina & TaylorLucyk
SOLD
$2,200,000
New Jersey
See Similar DealsSingle Family Residence10,044 SF
Sold 03/25/2021
SOLD
Teresa & Joe Giudice Sell Montville Twp SFR For $2.2M From Seller Rep Josh Baris And Buyer Rep Jonathan Medina & TaylorLucyk
6 Indian Lane, Montville Township, Towaco, NJ, USA
See Similar DealsSingle Family Residence10,044 SF
Sold 03/25/2021
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$219
Total Square Footage:10,044 SF
Transaction Type:Sale
A stunning single-family home located at 6 Indian Lane in Montville Twp has been sold for $2,200,000. The property, owned by Teresa & Joe Giudice, offers a spacious living space of 10,044 square feet. With a price per square foot of $219, this SFR sits on a 3.7-acre lot, valuing each acre at $594,595.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,200,000
- Address: 6 Indian Lane, Montville Twp
- Market: Montville Twp
- Square Footage: 10,044
- Price per Square Foot: $219
- Lot Size: 3.7 acres
- Price per Acre: $594,595
Represented by Josh Baris from @NJLux, Teresa & Joe Giudice successfully sold this remarkable property. On the buyer's side, Jonathan Medina and @TaylorLucyk provided excellent representation.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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