Joel Saal Acquires Mixed-Use Property In Salisbury Mills For $400,000
58 Orrs Mills Road, Salisbury Mills, NY 12577
$400,000
$148/SF
Building Size
2,700 SF
Asset Type
Mixed-use
Closing
Jan 14, 2022
About this deal
AI
The mixed-use property located at 58 Orrs Mills Rd. in Salisbury Mills has been sold for $400,000. The property spans 2,700 square feet, resulting in a price per square foot of $148. The transaction took place on January 14, 2022. The buyer, Joel Saal, acquired the property from the seller, Gregory Helbeck. Edwin Rodríguez from Keller Williams represented both parties in the deal.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $400,000
- Address: 58 Orrs Mills Rd.
- Market: Salisbury Mills
- Buyer: Joel Saal
- Seller: Gregory Helbeck
- Broker: Edwin Rodríguez - Keller Williams
- Square Footage: 2,700
- Price per Square Foot: $148
This transaction showcases the involvement of Joel Saal as the buyer and Gregory Helbeck as the seller. Edwin Rodríguez, representing Keller Williams, served as the broker in this deal.
Salisbury Mills Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Keller Williams Realty to view all their deals.
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
39.66%
Cash-on-Cash
-11.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93