Syed Naqvi Purchases Single Family Home From Sajawal And Shamshad Khan In Princeton Junction For $2.45M
SOLD
$2,450,000
New Jersey
See Similar DealsSingle Family8,500 SF
Sold 07/25/2024
SOLD
Syed Naqvi Purchases Single Family Home From Sajawal And Shamshad Khan In Princeton Junction For $2.45M
816 Village Road West
See Similar DealsSingle Family8,500 SF
Sold 07/25/2024
Summary
NEW JERSEY
Asset Type:Single Family
Price Per Square Foot:$288
Total Square Footage:8,500 SF
Transaction Type:Sale
This transaction involved a single-family home located at 816 Village Road West in the Princeton Junction market, with a sale price of $2,450,000. The property encompasses 8,500 square feet, resulting in a price per square foot of $288.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,450,000
- Square Footage: 8,500
- Price Per Square Foot: $288
- Buyer: Syed Naqvi
- Seller: Sajawal and Shamshad Khan
- Brokers: John Terebey & Zohan Ahmad - Berkshire Hathaway HomeServices
This transaction is notable for being the highest recorded sale in West Windsor, NJ. The deal was represented by the Terebey Relocation Team, highlighting their involvement in facilitating this significant property transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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