Aaron Kirman Group Sells Montecito SFR For $12M
1642 Moore Rd, Montecito, CA 93108, USA
$12,000,000
$221/SF
Building Size
54,100 SF
Asset Type
Single Family Residence
Closing
Aug 24, 2020
AI
The Tremaine House, located at 1642 Moore Road in Montecito, has been sold in a recent transaction for $12,000,000. This single-family residential property spans across 5,410 square feet and was sold at a price per square foot of $2,218.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $12,000,000
- Address: 1642 Moore Road
- Market: Montecito
The deal was facilitated by the Aaron Kirman Group, with Aaron Kirman, Weston Littlefield, and Dalton Gomez representing the parties involved in the transaction.
Players
Santa Barbara Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93