Feng Rong Wang Purchases 21 Dorcas Avenue In Syosset From Sonu Batra For $1.598M
SOLD
$1,598,000
New York
See Similar DealsSingle Family Residence3,400 SF
Sold 10/18/2024
SOLD
Feng Rong Wang Purchases 21 Dorcas Avenue In Syosset From Sonu Batra For $1.598M
21 Dorcas Avenue
See Similar DealsSingle Family Residence3,400 SF
Sold 10/18/2024
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,226.66
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
Annual Debt Service$90,904.02
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