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
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