Compass Represents Buyer In $12.3M Beverly Hills SFR Sale
SOLD
$12,300,000
California
See Similar DealsSingle Family Residence6,790 SF
Sold 11/14/2022
SOLD
Compass Represents Buyer In $12.3M Beverly Hills SFR Sale
1375 Summitridge Place
See Similar DealsSingle Family Residence6,790 SF
Sold 11/14/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,811
Total Square Footage:6,790 SF
Transaction Type:Sale
The property involved in this transaction is a single-family residence located at 1375 Summitridge Place in Beverly Hills. The property was sold on 11/14/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,300,000
- Market: Beverly Hills
- Buyer's Representative: Weston Littlefield & Alex Howe - Compass
- Asking Price: $12,300,000
- Sale Price: $12,300,000
- Size: 6,790 square feet
- Price per square foot: $1,811
The deal was facilitated by Weston Littlefield and Alex Howe of Compass. They represented the buyer in this transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$655,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,699.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,308.28
Annual Debt Service$699,699.30
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