1150 Channel Drive In Montecito Sells For $22.995M With Brokers Sally Forster Jones & Dylan Brush
1150 Channel Drive, Montecito, CA, USA
$22,995,000
$6,030/SF
Building Size
3,813 SF
Asset Type
Single Family Residence
Closing
May 6, 2021
AI
A single-family residence (SFR) located at 1150 Channel Drive in Montecito has been sold for a price of $22,995,000. The property spans across 3,813 square feet, resulting in a price per square foot (PPSF) of $6,030.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $22,995,000
- Address: 1150 Channel Drive
- Market: Montecito
The sale was facilitated by brokers Sally Forster Jones from @Sally.Forster.Jones and Dylan Brush from @DylaninLA, who represent the @SfjGroup.
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
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93