Scottsdale Single Family Sells For $6.7M With Brokers Frank Aazami & David Mayo
23035 North Church Road
$6,700,000
$536/SF
Building Size
12,500 SF
Asset Type
Single Family Residence
Closing
Dec 30, 2022
AI
The property involved in this closed transaction is a single-family home located at 23035 N Church Rd in Scottsdale, AZ. It sits on a spacious 8-acre lot. The property spans 12,500 square feet and was sold for a price of $6,700,000, resulting in a price per square foot of $536.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,700,000
- Address: 23035 N Church Rd, Scottsdale, AZ
- Market: Scottsdale, AZ
- ACRES: 8
- BROKERS: Frank Aazami & David Mayo - Russ Lyon Sotheby’s International Realty
- SF: 12,500
- PPSF: $536
The sale of this property was facilitated by Frank Aazami and David Mayo, representatives from Russ Lyon Sotheby’s International Realty.
Players
Scottsdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93