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1642 Moore Rd, Montecito, C...

Aaron Kirman Group Sells Montecito SFR For $12M
SOLDSingle Family Residence

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

Aaron Kirman

Christie's International Real Estate

Broker

$900.5M

vol

43 deals

Broker

Santa Barbara 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

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93