Nick Castellanos Acquires Single Family Property In Moorestown From Ben Simmons For $4.55M
SOLD
$4,550,000
New Jersey
See Similar DealsSingle Family Residence10,477 SF
Sold 05/12/2022
SOLD
Nick Castellanos Acquires Single Family Property In Moorestown From Ben Simmons For $4.55M
Moorestown, New Jersey, United States
See Similar DealsSingle Family Residence10,477 SF
Sold 05/12/2022
Summary
NEW JERSEY
Asset Type:Single Family Residence
Price Per Square Foot:$434
Total Square Footage:10,477 SF
Transaction Type:Sale
A single-family property in Moorestown has been sold for $4,550,000. The property, situated on a spacious 1.78-acre lot, spans across 10,477 square feet, resulting in a price per square foot of $434. The transaction took place on May 12, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,550,000
- Market: Moorestown
- Lot Size: 1.78 acres
Nick Castellanos purchased the property from Ben Simmons. Representing the buyer's interests was Kimberly Brownlie of RE/MAX First Realty, while Juliet Cordeiro of Compass served as the seller's representative.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$242,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,165.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,569.32
Annual Debt Service$258,831.86
Is there something missing? Send suggestions