Joe Bolognese Secures $2.28M Loan For Single Family Residence In Paradise Valley
6341 N 34th Pl
$2,283,000
$310/SF
Building Size
7,359 SF
Asset Type
Single Family Residence
Closing
Feb 8, 2024
AI
The property asset involved in this transaction is a Single Family Residence located at 6341 N 34th Pl in the Paradise Valley market. The loan amount for this transaction is $2,283,000.00.
Summary of transation details:
- Property Type: Single Family Residence
- Transaction Amount: $2,283,000.00
- Address: 6341 N 34th Pl
- Market: Paradise Valley
- Brokers: Joe Bolognese
- Loan Date: 02/08/2024
This deal involves Joe Bolognese representing the transaction to facilitate the loan agreement for the property. The lender and mortgage details have not been disclosed in the context of this transaction.
Players
Paradise Valley Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.95%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93