Updated Dec 4, 2024
Ashish Khamkar And Rashmi Nagwekar Acquire Single Family Home In Porter Ranch For $2.825M
20156 Galway Lane
$2,825,000
$506/SF
Building Size
5,575 SF
Asset Type
Single Family Residence
Closing
Sep 16, 2024
About this deal
AI
The property involved in this transaction is a single-family home located at 20156 Galway Lane in the Porter Ranch market. It was sold for $2,825,000, offering a total of 5,575 square feet, which equates to a price per square foot of $506.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,825,000
- Address: 20156 Galway Lane
- Market: Porter Ranch
- Square Footage: 5,575
- Price Per Square Foot: $506
- Buyer: Ashish Khamkar & Rashmi Nagwekar
- Seller: Wei Du & Menghan Wu
- Buyer's Representative: Robin Gaur - Forward One Real Estate
- Seller's Representative: Meiling Wan - Signature One Realty Group Inc
The buyer's representative, Robin Gaur from Forward One Real Estate, successfully negotiated a reduction of $275,000 off the asking price, indicating a strategic advantage in the negotiation process for the buyers during this transaction.
Players
Porter Ranch Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $506 per square foot on a published $2.8M for 5,575 square feet (2024).
Visit Forward One Real Estate to view all their deals.
Browse Porter Ranch single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.62%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93