Updated Dec 4, 2024
Feng Rong Wang Purchases 21 Dorcas Avenue In Syosset From Sonu Batra For $1.598M
21 Dorcas Avenue
$1,598,000
$470/SF
Building Size
3,400 SF
Asset Type
Single Family Residence
Closing
Oct 18, 2024
About this deal
AI
The property asset involved in this transaction is a single-family residence located at 21 Dorcas Avenue in Syosset. It has a total square footage of 3,400, and the sale was completed for a price of $1,598,000, which results in a price per square foot of $470.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,598,000
- Address: 21 Dorcas Avenue
- Market: Syosset
- Square Footage: 3,400
- Price per Square Foot: $470
- Buyer: Feng Rong Wang
- Seller: Sonu Batra - Eastshore Group
- Broker: Linda Freedman - Douglas Elliman
The key individuals in this transaction include the buyer, Feng Rong Wang, and the seller, Sonu Batra, who is affiliated with Eastshore Group. The broker representing the seller in this deal is Linda Freedman from Douglas Elliman.
Players
Syosset Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $470 per square foot on a published $1.6M for 3,400 square feet (2024).
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Browse Syosset single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.93%
Cash-on-Cash
-2.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93