Patience Brown Acquires SFR In New Rochelle For $750,000
SOLD
New York
See Similar DealsSingle Family Residence2,700 SF
Sold 07/02/2020
SOLD
Patience Brown Acquires SFR In New Rochelle For $750,000
2 Argyle Avenue, New Rochelle, NY, USA
See Similar DealsSingle Family Residence2,700 SF
Sold 07/02/2020
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$277
Total Square Footage:2,700 SF
Transaction Type:Sale
A single-family home located at 2 Argyll Avenue in New Rochelle was recently sold for a sale price of $750,000. The property, measuring 2,700 square feet, was listed for an asking price of $775,000, resulting in a price per square foot of $277. The sale occurred on 07/02/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $750,000
- Address: 2 Argyll Avenue
- Market: New Rochelle
- Square Footage: 2,700
The buyer in this transaction was Patience Brown. The deal was facilitated by Joshua Brown of L.R.E.B and Alana Mcintosh of Keller Williams, acting as the brokers for the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$40,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,664.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,555.38
Annual Debt Service$42,664.59
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