Updated Oct 29, 2024
Xamian Trust Acquires Single Family Home In Princeton For $1.25M
815 Mount Lucas Road, Princeton, NJ, USA
$1,250,000
$527/SF
Building Size
2,372 SF
Asset Type
Single Family Residence
Closing
Feb 25, 2021
About this deal
AI
Located in Princeton, this single family property at 815 Mount Lucas Road was recently sold in a closed transaction. The property, with a size of 2,372 square feet, boasts an asking price and sale price of $1,250,000. The price per square foot stands at $527. The sale was completed on February 26, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,250,000
- Address: 815 Mount Lucas Road
- Market: Princeton
The buyer in this transaction was Xamian Trust, while the seller was Design-Build Homes. Representing the seller was Swapnil Patel from the Swapnil Patel and Shivang Desai team.
Players
Princeton 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93