Nate Levy Purchases Single Family Home From Morie Reyes In Toms River For $1.8M
SOLD
$1,800,000
New Jersey
See Similar DealsSingle Family Residence6,658 SF
Sold
SOLD
Nate Levy Purchases Single Family Home From Morie Reyes In Toms River For $1.8M
1548 North Bay Avenue
See Similar DealsSingle Family Residence6,658 SF
Sold
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$270
Total Square Footage:6,658 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 1548 North Bay Avenue in Toms River. The sale price for this asset was $1,800,000, with a total square footage of 6,658 and a price per square foot of $270.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,800,000
- Address: 1548 North Bay Avenue
- Market: Toms River
- Square Footage: 6,658
- Price per Square Foot: $270
- Buyer: Nate Levy
- Seller: Morie Reyes
- Broker: Isaac Nussbaum - The Nussbaum Team® - Real Broker
In this deal, Nate Levy was the buyer acquiring the property from seller Morie Reyes. The transaction was facilitated by broker Isaac Nussbaum, who represents The Nussbaum Team® under the Real Broker agency.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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