Single Family Home In Long Branch, NJ Sells For $4.08M With Kyle Golden As The Broker
13 Ocean Terrace
$4,085,000
$802/SF
Building Size
5,088 SF
Asset Type
Single Family
Closing
Nov 29, 2023
AI
The single-family property located at 13 Ocean Terrace in Long Branch, NJ has been sold in a closed transaction. This spacious property spans an area of 5,088 square feet, offering ample living space for its residents. The property was listed for an asking price of $4,500,000, ultimately selling for $4,085,000. With a price per square foot of $803, this transaction showcases the value of the property.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,085,000
- Address: 13 Ocean Terrace, Long Branch, NJ
- Market: Long Branch, NJ
- Listing Broker: Kyle Golden - Title Protection Group - Century 21
Kyle Golden from Title Protection Group, representing Century 21, played a key role in facilitating this transaction. By leveraging their expertise in the market, they successfully negotiated the sale of this property. The involvement of Kyle Golden and their agency not only ensured a smooth transaction but also added value to the deal.
Players
Long Branch Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.88%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93