Don Hankey Sells Beverly Hills SFR For $6.35M With Skye Lamb & Myles Lewis Brokers
SOLD
$6,350,000
California
See Similar DealsSingle Family Residence6,000 SF
Sold 01/14/2022
SOLD
Don Hankey Sells Beverly Hills SFR For $6.35M With Skye Lamb & Myles Lewis Brokers
1558 Tower Grove Drive, Beverly Hills, CA 90210
See Similar DealsSingle Family Residence6,000 SF
Sold 01/14/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,058
Total Square Footage:6,000 SF
Transaction Type:Sale
Located in Beverly Hills, the property at 1558 Tower Grove Dr. recently changed hands in a sale transaction. The single-family residence (SFR) was sold for a price of $6,350,000. Spanning approximately 6,000 square feet, the property boasts a price per square foot (PPSF) of $1,058. The transaction took place on January 14, 2022, making it a recent deal in the market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,350,000
- Date: 01/14/2022
- Address: 1558 Tower Grove Dr.
- Market: Beverly Hills
The seller of the property was Don Hankey. Representing the seller in the deal were Skye Lamb and Myles Lewis, both brokers from undisclosed agencies. Skye Lamb and Myles Lewis played key roles in facilitating the transaction, ensuring a successful sale of the property.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$338,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,560.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,102.24
Annual Debt Service$361,226.88
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