Scottsdale Single Family Sells For $6.7M With Brokers Frank Aazami & David Mayo
SOLD
$6,700,000
Arizona
See Similar DealsSingle Family Residence12,500 SF
Sold 12/30/2022
SOLD
Scottsdale Single Family Sells For $6.7M With Brokers Frank Aazami & David Mayo
23035 North Church Road
See Similar DealsSingle Family Residence12,500 SF
Sold 12/30/2022
Summary
ARIZONA
Asset Type:Single Family Residence
Price Per Square Foot:$536
Total Square Footage:12,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$357,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,803.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,761.42
Annual Debt Service$381,137.02
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