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MWL215 Acquires 6,200 SF Woodside Single Family Home For $29.4M

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SOLD
$29,400,000

California

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Single Family Residence6,200 SF
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MWL215 Acquires 6,200 SF Woodside Single Family Home For $29.4M

215 Mountain Wood Lane, Woodside, California 94062, United States

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Single Family Residence6,200 SF
Sold
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$4741
Total Square Footage:6200 SF
Transaction Type:Sale

The single-family property located at 215 Mountain Wood Lane in Woodside has been sold for a total of $29,400,000. The transaction took place on 09/06/2022 and the property sits on approximately 3 acres of land. The property spans over 6,200 square feet with a price per square foot of $4,742. Linda Hymes of Intero Real Estate Services represented the buyer MWL215 in the deal, while the sellers were Derek Gaffney and Leslie Naify.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $29,400,000
  • Address: 215 Mountain Wood Lane
  • Market: Woodside
  • Acres: 3

Linda Hymes of Intero Real Estate Services acted as the broker in this transaction, representing the buyer MWL215. Meanwhile, the sellers were Derek Gaffney and Leslie Naify. This sale represents a significant transaction in the Woodside market, highlighting the demand for single-family properties in the area.

Players

Linda Hymes
Intero Real Estate Services
Linda Hymes
1 deal$29.4M volume
BROKER

Details

SOLD
IMAGE: Linda Hymes DATE: 09/06/2022 ADDRESS: 215 Mountain Wood Lane MARKET: Woodside ASSET TYPE: Single Family ~ ACRES: 3 BUYER: MWL215 SELLER: Derek Gaffney & Leslie Naify BROKER: Linda Hymes - Intero Real Estate Services (@InteroRealEstate) SALE PRICE: $29,400,000 SF: 6,200 ~ PPSF: $4,742

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,567,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$104,452.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$139,371.00
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