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Single Family Residence

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24701 Calle Serranona

$1,149,800 Loan Secured For Single Family Residence In Calabasas By Fred Nabati Of Trimax Realty & Loan
FINANCEDSingle Family Residence

$1,149,800 Loan Secured For Single Family Residence In Calabasas By Fred Nabati Of Trimax Realty & Loan

24701 Calle Serranona

$1,149,800

$470/SF

Building Size

2,446 SF

Asset Type

Single Family Residence

Closing

Nov 17, 2024

AI

The property asset involved in this transaction is a Single Family Residence located at 24701 Calle Serranona in the Calabasas market. The loan amount for this property was established at $1,149,800.00.

Summary of transaction details:

  • Property Type: Single Family Residence
  • Transaction Amount: $1,149,800.00
  • Address: 24701 Calle Serranona
  • Market: Calabasas
  • Brokers involved: Fred Nabati, Trimax Realty & Loan

The key individual representing the transaction on behalf of the broker is Fred Nabati from Trimax Realty & Loan. This deal showcases their involvement without any mention of a landlord as it was not part of the transaction details provided.

Players

Fred Nabati

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker
TI
Trimax Loan IncLender

Paul Banks-Rad

Trimax Loan Inc

Landlord
Landlord

Calabasas Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.80%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93