Updated Sep 5, 2024
Taijuan Walker Acquires $8M Luxury Home In Paradise Valley, AZ
$8,000,000
$1,007/SF
Building Size
7,940 SF
Asset Type
Single Family
Closing
Aug 8, 2023
About this deal
AI
Taijuan Walker, a pitcher for the Philadelphia Phillies, has purchased a luxury single-family home in Paradise Valley, AZ for $8 million. The property, located at 6697 E Cactus Wren Rd, spans 7,940 square feet and has a price per square foot of $1,008.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,000,000
- Address: 6697 E Cactus Wren Rd
- Market: Paradise Valley, AZ
- Square Footage: 7,940
- Price per Square Foot: $1,008
This off-market purchase was facilitated by Taijuan Walker's broker, Robert Joffe from Compass. The acquisition of the property was influenced by Walker's familiarity with the Phoenix area, where he previously played for the Arizona Diamondbacks, as well as his family connections in the region.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1K per square foot on a published $8M for 7,940 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93