Nick Castellanos Acquires Single Family Property In Moorestown From Ben Simmons For $4.55M
Moorestown, New Jersey, United States
$4,550,000
$434/SF
Building Size
10,477 SF
Asset Type
Single Family Residence
Closing
May 11, 2022
AI
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
Moorestown Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93