Updated Oct 28, 2024
Alex Stevenson Acquires SFR In San Rafael For $1.7M
177 Solano Street, San Rafael, California 94901, United States
$1,700,000
$939/SF
Building Size
1,809 SF
Asset Type
Single Family Residence
Closing
Apr 20, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 177 Solano St. in San Rafael. The property has a total area of 1,809 square feet and was sold for a price of $1,700,000, resulting in a price per square foot of $939. The buyer of the property is Alex Stevenson, while Bay Area Builders acted as the seller. The deal was facilitated by Ramsin Jacob from EXP Realty of California Inc.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,700,000
- Address: 177 Solano St.
- Market: San Rafael
- Broker: Ramsin Jacob - EXP Realty of California Inc.
Ramsin Jacob, representing EXP Realty of California Inc., played a crucial role as the broker in this transaction. This sale represents a successful deal between the buyer, Alex Stevenson, and the seller, Bay Area Builders. The property's location in San Rafael and its size of 1,809 square feet contributed to its overall value and the final sale price of $1,700,000.
On the Map
$1,700,000
$939/SF
Single Family Residence
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Players
San Rafael Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $939 per square foot on a published $1.7M for 1,809 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93