Kingsland Properties Sells Bellerose SFR For $1.2M
80-41 242nd Street, Queens, New York 11362, United States
$1,238,000
$619/SF
Building Size
2,000 SF
Asset Type
Single Family Residence
Closing
Dec 8, 2021
AI
The property involved in this transaction is a Single Family Residence (SFR) located at 80-41 242nd Street in Bellerose, Queens. The property spans approximately 2,000 square feet and was sold by Kingsland Properties, represented by Ali Rashid & Sultan Rashid. The sale took place on 12/08/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,238,000
- Market: Bellerose, Queens
- Seller: Kingsland Properties - Ali Rashid & Sultan Rashid
Ali Rashid from Kingsland Properties served as the broker for this transaction. The sale price of the property was $1,238,000, resulting in a price per square foot (PPSF) of $619.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.81%
Cash-on-Cash
-3.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93