facebook
Traded Co logo
Submit

Jacob Tony Purchases Single Family Home From Armand Jacinibin For $3.9 Million With Joseph Aziz As Buyer's Representative

Property Image
SOLD
$3,900,000

New Jersey

See Similar Deals
Single Family Residence6,300 SF
Sold 10/25/2024
the dealplayerscompscontact
Property Image
SOLD

Jacob Tony Purchases Single Family Home From Armand Jacinibin For $3.9 Million With Joseph Aziz As Buyer's Representative

820 Summit Avenue

See Similar Deals
Single Family Residence6,300 SF
Sold 10/25/2024
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$619
Total Square Footage:6,300 SF
Transaction Type:Sale

A single-family property located at 820 Summit Avenue in Franklin Lakes was sold for $3,900,000. The asset encompasses 6,300 square feet, translating to a price per square foot of $619.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,900,000
  • Address: 820 Summit Avenue
  • Market: Franklin Lakes
  • Square Footage: 6,300
  • Price Per Square Foot: $619
  • Buyer: Jacob Tony
  • Seller: Armand Jacinibin
  • Buyer's Representative: Joseph Aziz - Prestige Property Group

Joseph Aziz from Prestige Property Group represented the buyer, Jacob Tony, in this transaction involving Armand Jacinibin as the seller. The deal reflects the activity in the Franklin Lakes market, highlighting the participation of significant individuals in the sale process.

Players

Joseph Aziz
Prestige Property Group
Joseph Aziz
4 deals$8.9M volume(201) 708-5067
BROKER

Details

SOLD
IMAGE: Joseph Aziz DATE: 10/25/2024 ADDRESS: 820 Summit Avenue MARKET: Franklin Lakes ASSET TYPE: Single Family BUYER: Jacob Tony SELLER: Armand Jacinibin BUYER'S REP: Joseph Aziz (@Joseph_Aziz_real_estate) (@JosephAzizrealestate) - Prestige Property Group (@PPGMontclair) SALE PRICE: $3,900,000 SF: 6,300 ~ PPSF: $619

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$208,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88