Updated Nov 20, 2023
Timothy R. Faye & Lauren L. Nemeth Acquire San Francisco SFR From David Chung & Katharine Sheridan Chung For $5.55M
San Francisco, CA, USA
$5,550,000
$1,236/SF
Building Size
4,488 SF
Asset Type
MultiFamily
Closing
Jul 12, 2021
About this deal
AI
Located in San Francisco, a single-family residential property has been sold for $5,550,000. The property spans across 4,488 square feet, resulting in a price per square foot of $1,237. The transaction took place on July 12, 2021. The property was purchased by Timothy R. Faye and Lauren L. Nemeth from the sellers, David Chung and Katharine Sheridan Chung.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $5,550,000
- Square Footage: 4,488
- Price per Square Foot: $1,237
- Market: San Francisco
Timothy R. Faye and Lauren L. Nemeth represented themselves as the buyers in this transaction. On the other hand, David Chung and Katharine Sheridan Chung served as the sellers' representatives. The deal was successfully closed, showcasing the active real estate market in San Francisco.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93