Updated Dec 21, 2023
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
About this deal
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
Avalon 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
3.25%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93