Updated Oct 29, 2024
ASG Development Advisors Purchases SFR In New Rochelle For $600K
88 The Serpentine New Rochelle, NY 10801, USA
$600,000
$146/SF
Building Size
4,095 SF
Asset Type
Single Family Residence
Closing
Sep 6, 2023
About this deal
AI
A single-family residential property located at 88 The Serpentine in New Rochelle has been sold for $600,000. The property spans across 4,095 square feet with a price per square foot of $147.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $600,000
- Address: 88 The Serpentine, New Rochelle
- Market: New Rochelle
The buyer of this property is ASG Development Advisors, while the sellers are Jessica & Mary Powell. The brokers involved in the transaction are Christopher Amir Baksh and Sergio Garcia from Your Home Sold Guaranteed Realty Besmatch. Christopher and Sergio specialize in facilitating off-market and all-cash deals for investors, with a focus on the Bronx and Lower Westchester areas. They also have expertise in listing properties and welcome referrals. It is worth noting that the estimated after-repair value (ARV) of the property is $1.3 million, as mentioned by the brokers.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $146 per square foot on a published $600K for 4,095 square feet (2023).
Visit Christopher Amir Baksh to view all their deals.
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
26.44%
Cash-on-Cash
-7.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93