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Feng Rong Wang Purchases 21 Dorcas Avenue In Syosset From Sonu Batra For $1.598M

Property Image
SOLD
$1,598,000

New York

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Single Family Residence3,400 SF
Sold 10/18/2024
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Property Image
SOLD

Feng Rong Wang Purchases 21 Dorcas Avenue In Syosset From Sonu Batra For $1.598M

21 Dorcas Avenue

See Similar Deals
Single Family Residence3,400 SF
Sold 10/18/2024
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Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$470
Total Square Footage:3,400 SF
Transaction Type:Sale

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

Linda Freedman
3 deals$4.5M volume
BROKER

Details

SOLD
IMAGE: Sonu Batra DATE: 10/18/2024 ADDRESS: 21 Dorcas Avenue MARKET: Syosset ASSET TYPE: SFR BUYER: Feng Rong Wang SELLER: Sonu Batra - Eastshore Group BROKER: Linda Freedman (@LindaFreedmanli) - Douglas Elliman (@DouglasElliman) SALE PRICE: $1,598,000 SF: 3,400 ~ PPSF: $470 NOTE FROM SELLER: For investment opportunities, please email [email protected]. If you are interested in selling your home; please call me at 917-445-6945 or email me at [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,677.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,575.34
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