Matt Rhule Purchases Mixed-Use Property From Dorothy Casa In New Rochelle For $1.15M
SOLD
$1,150,000
New York
See Similar DealsMixed-use7,584 SF
Sold 09/06/2024
SOLD
Matt Rhule Purchases Mixed-Use Property From Dorothy Casa In New Rochelle For $1.15M
63 Saint Johns Place
See Similar DealsMixed-use7,584 SF
Sold 09/06/2024
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$151
Total Square Footage:7,584 SF
Transaction Type:Sale
A mixed-use property located at 63 Saint Johns Place in New Rochelle has been sold for $1,150,000. The property spans 7,584 square feet, resulting in a price per square foot of $151.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,150,000
- Address: 63 Saint Johns Place
- Market: New Rochelle
- Square Footage: 7,584
- Price Per Square Foot: $151
- Buyer: Matt Rhule
- Seller: Dorothy Casa
- Brokers: Michael Scrima & Thomas Gorman Jr. - Redwood Realty Advisors
The transaction involved Matt Rhule as the buyer and Dorothy Casa as the seller, with representation from brokers Michael Scrima and Thomas Gorman Jr. from Redwood Realty Advisors facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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