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15 Del Mar, Newport Coast, ...

Coldwell Banker Realty Sells Newport Coast SFR For $61M With Broker Tim Smith
SOLDSingle Family Residence

Coldwell Banker Realty Sells Newport Coast SFR For $61M With Broker Tim Smith

15 Del Mar, Newport Coast, CA 92657, USA

$61,000,000

$3,210/SF

Building Size

19,000 SF

Asset Type

Single Family Residence

Closing

Oct 26, 2020

AI

A single-family residence located at 15 Del Mar in Newport Coast has been sold. The property, which spans 19,000 square feet, was sold at a price of $61,000,000, resulting in a price per square foot of $3,210. This transaction took place on October 27, 2020, and was facilitated by Tim Smith of Coldwell Banker Realty.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $61,000,000
  • Square Footage: 19,000
  • Price per Square Foot: $3,210
  • Address: 15 Del Mar, Newport Coast
  • Market: Newport Coast

Tim Smith, from Coldwell Banker Realty, acted as the broker in this sale. He played a pivotal role in facilitating the transaction, representing the parties involved in the deal.

Players

Tim Smith

Coldwell Banker

Broker

$173.9M

vol

6 deals

Broker

Newport Coast 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

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93