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Joanne L Reilly Sells SFR In Mantoloking For $975K

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SOLD
$975,000

New Jersey

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Single Family Residence2,475 SF
Sold 06/22/2022
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Property Image
SOLD

Joanne L Reilly Sells SFR In Mantoloking For $975K

151 Highway 35 N, Mantoloking, NJ 08738

See Similar Deals
Single Family Residence2,475 SF
Sold 06/22/2022
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Summary

NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$393
Total Square Footage:2,475 SF
Transaction Type:Sale

A single-family home located at 151 Highway 35 North in Mantoloking has been sold in a recent transaction. The property, with a total area of 2,475 square feet, was listed with a sale price of $975,000. Represented by Joanne L Reilly of Diane Turton, Realtors, this transaction took place on June 22, 2022. The property is situated in a desirable location in Mantoloking, making it an attractive investment opportunity.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $975,000
  • Address: 151 Highway 35 North, Mantoloking
  • Market: Mantoloking
  • Agent: Joanne L Reilly - Diane Turton, Realtors

This sale represents a successful transaction in the Mantoloking real estate market. With a price per square foot of $394, this property offers a lucrative investment opportunity. The involvement of Joanne L Reilly, a renowned representative from Diane Turton, Realtors, adds credibility to the deal. The buyer and seller both benefit from this closed sale, and the transaction adds value to the local real estate market.

Players

Joanne Reilly
9 deals$29.2M volume
BROKER

Details

SOLD
IMAGE: Joanne L Reilly DATE: 06/22/2022 ADDRESS: 151 Highway 35 North MARKET: Mantoloking ASSET TYPE: SFR BROKER: Joanne L Reilly - Diane Turton, Realtors (@DianeTurtonRealtors), (@DianeTurtonSpringLake) SALE PRICE: $975,000 SF: 2,475 ~ PPSF: $394

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$52,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,463.96
Cash-on-Cash Return-1.27%
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