Updated Sep 5, 2024
Los Gatos SFR Sold For $5.1M With Brokers Michael Nevis & Rick Ardizzone
16362 Hilow Rd Los Gatos, CA 95032, USA
$5,100,000
$1,000/SF
Building Size
5,100 SF
Asset Type
Single Family Residence
Closing
Aug 15, 2023
About this deal
AI
A property in Los Gatos located at 16362 Hilow Road has been sold for $5.1 million on August 15, 2023. The two-story single-family residence spans across 5,100 square feet and sits on approximately 0.27 acres. It features five bedrooms, five bathrooms, a fireplace, and a three-car garage.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $5,100,000
- Address: 16362 Hilow Road
- Market: Los Gatos
- Square footage: 5,100
- Price per square foot: $1,000
The sale was facilitated by Michael Nevis and Rick Ardizzone, brokers from Compass. They represented the parties involved in the transaction, ensuring a successful deal.
Players
Los Gatos Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $5.1M for 5,100 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93