Voyage Real Estate's Ari Afshar & Evan Dolmatsky Broker $7.4M Sale Of Beverly Hills Post Office SFR On Tower Grove Dr
SOLD
$7,399,999
California
See Similar DealsSingle Family Residence7,490 SF
Sold 10/25/2022
SOLD
Voyage Real Estate's Ari Afshar & Evan Dolmatsky Broker $7.4M Sale Of Beverly Hills Post Office SFR On Tower Grove Dr
1571 Tower Grove Drive
See Similar DealsSingle Family Residence7,490 SF
Sold 10/25/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$988
Total Square Footage:7,490 SF
Transaction Type:Sale
Located in Beverly Hills Post Office, Beverly Hills, CA, this single-family residence at 1571 Tower Grove Dr was recently sold. The property, spanning 7,490 square feet, boasts a spacious layout and desirable features. The sale took place on October 25, 2022, and the property was sold for $7,399,999, resulting in a price per square foot of $988.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,399,999
- Square Footage: 7,490
Ari Afshar and Evan Dolmatsky from Voyage Real Estate - Compass represented both the buyer and the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$394,666.61
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,290.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,079.77
Annual Debt Service$420,957.25
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