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7 Cortland Shire Drive, Moo...

Updated Sep 5, 2024

Sam Lepore Represents Both Parties In $1.7M SFR Sale In Moorestown NJ
SOLDSingle Family Residence

Sam Lepore Represents Both Parties In $1.7M SFR Sale In Moorestown NJ

7 Cortland Shire Drive, Moorestown, New Jersey 08057, United States

$1,700,000

$342/SF

Building Size

4,961 SF

Asset Type

Single Family Residence

Closing

May 15, 2022

About this deal

AI

Located at 7 Cortland Shire Dr in Moorestown, NJ, this property is a stunning single-family residence. With a total square footage of 4,961, this spacious estate offers plenty of room for luxurious living. The property was sold on 05/16/2022 for a total sale price of $1,700,000. The price per square foot comes out to be $343, showcasing the value of this beautiful home.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,700,000
  • Address: 7 Cortland Shire Dr
  • Market: Moorestown
  • Broker: Sam Lepore - Keller Williams Real Estate

This sale was facilitated by Sam Lepore of Keller Williams Real Estate, who represented both the buyer and the seller. Sam's expertise and negotiation skills were key factors in closing this deal. The property's prime location and impressive features made it one of the most sought-after estates in Moorestown, NJ. This transaction showcases the successful collaboration between the parties involved and highlights the value brought by a skilled real estate representative.

Players

Sam Lepore

Keller Williams Realty

Broker

$5.6M

vol

4 deals

Broker

Moorestown Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $342 per square foot on a published $1.7M for 4,961 square feet (2022).

Visit Sam Lepore to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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