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Mesa Mansion Sells For Record-Breaking $6M With Buyer's Rep Carin Nguyen & Seller's Rep Cynthia Dewine
SOLD
Arizona
See Similar DealsSingle Family8,534 SF
Sold 10/27/2023
SOLD
Mesa Mansion Sells For Record-Breaking $6M With Buyer's Rep Carin Nguyen & Seller's Rep Cynthia Dewine
8458 East Vista Canyon Circle
See Similar DealsSingle Family8,534 SF
Sold 10/27/2023
Summary
ARIZONA
Asset Type:Single Family
Price Per Square Foot:$703
Total Square Footage:8,534 SF
Transaction Type:Sale
A mansion spanning 8,500 square feet situated in Mesa, bordering the Tonto National Forest, has achieved a record-breaking sale of $6 million. This sale marks the highest sale price in the East Valley city.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,000,000
- Market: Mesa, AZ
- Acres: 1.39
- Buyer's Representative: Carin Nguyen & Rebecca Ferrarese - Real Broker
- Seller's Representative: Cynthia Dewine & Maryelisabeth Wolf-Breen - Sotheby's International Realty
The buyers were represented by Carin Nguyen and Rebecca Ferrarese from Real Broker, while the sellers were represented by Cynthia Dewine and Maryelisabeth Wolf-Breen from Sotheby's International Realty.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$319,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73
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