Mor Levy Acquires Hewlett SFR From Inbal Levy For $700K
347 Hewlett Parkway, Hewlett, NY, USA
$700,000
$437/SF
Building Size
1,600 SF
Asset Type
Single Family Residence
Closing
Jun 2, 2021
AI
A single-family home located at 347 Hewlett Parkway in Hewlett has been sold. The property, with a living area of approximately 1,600 square feet, was listed for sale at an asking price of $700,000. The transaction was completed on June 3, 2021, with the buyer, Mor Levy, purchasing the property from the seller, Inbal Levy, for the same sale price of $700,000. The price per square foot of the property is $437. Matt Levy of MovilRealty represented both the buyer and the seller in this transaction, while Dean Lupowitz served as the mortgage broker involved.
Summary of Transaction Details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $700,000
- Address: 347 Hewlett Parkway, Hewlett
- Market: Hewlett
- Buyer: Mor Levy
- Seller: Inbal Levy
- Broker: Matt Levy - MovilRealty
- Mortgage Broker: Dean Lupowitz
- Square Footage: 1,600
- Price per Square Foot: $437
Matt Levy of MovilRealty played a central role in this transaction as both the buyer's and seller's representative. Dean Lupowitz served as the mortgage broker to facilitate the financing for this sale. The successful completion of the deal demonstrates the expertise and professionalism of these individuals and their respective agencies.
Players
Hewlett Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93