Updated Dec 3, 2025
Philip Lee Purchases Single Family Home At 250 Hoppers Lane In Paramus For $2.1M
250 Hoppers Lane
$2,099,999
$501/SF
Building Size
4,186 SF
Asset Type
Single Family Residence
Closing
Nov 19, 2025
About this deal
AI
This transaction involves a single-family asset located at 250 Hoppers Lane in the Paramus market. The property sold for $2,099,999, encompassing an area of 4,186 square feet which equates to a price per square foot of $501.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,099,999
- Address: 250 Hoppers Lane
- Market: Paramus
- Square Footage: 4,186
- Price Per Square Foot: $501
- Buyer: Philip Lee
- Brokers: Yojaira Orozco & Pharoah Lozano - NoHu Property Group - Keller Williams City Views
The deal was facilitated by brokers Yojaira Orozco and Pharoah Lozano, representing the buyer Philip Lee in this transaction. Both brokers are affiliated with NoHu Property Group at Keller Williams City Views.
Players
Paramus Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $501 per square foot on a published $2.1M for 4,186 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93