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Joshua Shaver Of Russ Lyon Sotheby’s International Realty Represents Buyer For $20M Paradise Valley Estate
SOLD
Arizona
See Similar DealsSingle Family17,250 SF
Sold
SOLD
Joshua Shaver Of Russ Lyon Sotheby’s International Realty Represents Buyer For $20M Paradise Valley Estate
North 59th Place
See Similar DealsSingle Family17,250 SF
Sold
Summary
ARIZONA
Asset Type:Single Family
Price Per Square Foot:$1159
Total Square Footage:17250 SF
Transaction Type:Sale
A 4-acre estate in Paradise Valley, Arizona, sold for $20 million. The property includes the 17,250-square-foot Casa de Niños mansion, which features six bedrooms, multiple guest houses, a pool, a tennis court, and extensive outdoor amenities.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Address: North 59th Place
- Market: Paradise Valley, AZ
- Square Footage: 17,250
- Price Per Square Foot: $1,159
The transaction was facilitated by Joshua Shaver from Russ Lyon Sotheby’s International Realty, representing the buyer, while the seller was represented by Joan Levinson from Realty One Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,066,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$71,055.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$94,810.20
Annual Debt Service$1,137,722.44
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