Updated Dec 4, 2024
Bruno Giacio Acquires Single Family Home From Quality Home Developers For $1.775M
314 Sherwood Drive
$1,775,000
$295/SF
Building Size
6,000 SF
Asset Type
Single Family
Closing
Mar 20, 2024
About this deal
AI
The Single Family property located at 314 Sherwood Drive in Paramus has been successfully sold for $1,775,000. With a total square footage of 6,000, the property commanded a price per square foot of $296, showcasing its appeal in the market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,775,000
- Address: 314 Sherwood Drive
- Market: Paramus
- Asset Type: Single Family
Bruno Giacio acquired the property from Quality Home Developers. The transaction was facilitated by Levy Tewel from The Tewel Team, representing both New and Modern as well as The Corcoran Group.
Players
Paramus Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $295 per square foot on a published $1.8M for 6,000 square feet (2024).
Visit Levy Tewel to view all their deals.
Browse Paramus single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.94%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93