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39 Washington Avenue

Updated Dec 4, 2024

Arney Bernstein Acquires Single Family Home In Chatham, NJ For $2.01M
SOLDSingle Family

Arney Bernstein Acquires Single Family Home In Chatham, NJ For $2.01M

39 Washington Avenue

$2,010,000

$503/SF

Building Size

3,994 SF

Asset Type

Single Family

Closing

Nov 2, 2023

About this deal

AI

A single-family home located at 39 Washington Avenue in Chatham, NJ has been sold in a recent transaction. The property was listed for sale with an asking price of $1,888,777 and sold for $2,010,000, reflecting a sales price that was $121,333 higher than the initial asking price. The home spans approximately 3,994 square feet, resulting in a price per square foot of $503, making it the highest $/sq. ft. for new construction in the neighborhood. The transaction was facilitated by Amanda Nadia Abdelsayed of Keller Williams Realty Metropolitan.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,010,000
  • Address: 39 Washington Avenue, Chatham, NJ
  • Market: Chatham, NJ

Amanda Nadia Abdelsayed, a representative of Keller Williams Realty Metropolitan, successfully worked with the buyer, Arney Bernstein, and the sellers, Luna and Luca Shakhawala, to close this Chatham New Construction sale. Amanda specializes in assisting builders and offers consulting services throughout the construction process to ensure maximum profitability and results. For individuals interested in discussing their next new build, they can contact Amanda at [email protected].

Players

Amanda Nadia DaSilva

Keller Williams Realty

Broker

$8.3M

vol

4 deals

Broker

Chatham Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

Arney Bernstein bought a home in Chatham for $2M in 2023. The full closing is on this page.

About $503 per square foot on a published $2M for 3,994 square feet (2023).

Visit Amanda Nadia DaSilva to view all their deals.

Browse Chatham single family sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.89%

Cash-on-Cash

-2.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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