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7792 Sunset Drive, Avalon, ...

John Binder Jr & Holly C. Rennie Acquire SFR In Avalon For $4.9M
SOLDSingle Family Residence

John Binder Jr & Holly C. Rennie Acquire SFR In Avalon For $4.9M

7792 Sunset Drive, Avalon, NJ, USA

$4,877,000

$956/SF

Building Size

5,100 SF

Asset Type

Single Family Residence

Closing

Feb 4, 2021

AI

Judging by the information provided, a single-family residence (SFR) located at 7792 Sunset Dr in Avalon has been sold. The property, with a size of approximately 5,100 square feet, was successfully transacted on 02/05/2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,877,000
  • Address: 7792 Sunset Dr
  • Market: Avalon

The brokers involved in this real estate deal were John Binder Jr and Holly C. Rennie, representing Ferguson-Dechert, INC. Their expertise and professional assistance played a significant role in the successful completion of the transaction.

The property was sold for a price of $4,877,000, resulting in a price per square foot of approximately $956.

Players

John Jack Binder Jr

Ferguson Dechert Real Estate

Broker

$22.9M

vol

4 deals

Broker

Avalon Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.25%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93