Sally Forster Jones & Dylan Brush Sell Montecito SFR For $10.6M
1147 Hill Road, Montecito, CA, USA
$10,621,500
$3,371/SF
Building Size
3,150 SF
Asset Type
Single Family Residence
Closing
May 9, 2021
AI
A single-family residence located at 1147 Hill Road in Montecito was recently sold for $10,621,500. The property spans approximately 3,150 square feet, resulting in a price per square foot of $3,371. The sale took place on May 10, 2021 and was facilitated by brokers Sally Forster Jones and Dylan Brush from Sally Forster Jones' team.
Summary of Transaction Details
- Property Type: Single-Family Residence
- Transaction Amount: $10,621,500
- Address: 1147 Hill Road, Montecito
- Market: Montecito
- Asset Type: SFR
Sally Forster Jones, representing Sally Forster Jones' team, along with Dylan Brush, played key roles in facilitating the sale of this property. They acted as the brokers in this transaction.
Players
Santa Barbara Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93