Updated Sep 9, 2024
Josh Flagg's Rodeo Realty Represents $8.5M Sale Of Suzanne Somers & Alan Hamel's Palm Springs SFR
252 Ridge Road, Palm Springs, California 92264, United States
$8,500,000
$226/SF
Building Size
37,462 SF
Asset Type
Single Family Residence
Closing
Dec 21, 2021
About this deal
AI
The property involved in this transaction is a Single Family Residence (SFR) located at 252 Ridge Road in Palm Springs. The property sits on a spacious 28.0-acre lot, offering ample space and privacy.
Summary of transaction details:
- Property Type: Single Family Residence (SFR)
- Transaction Amount: $8,500,000
- Date: 12/21/2021
- Address: 252 Ridge Road
- Market: Palm Springs
- Acres: 28.0
In this transaction, the seller of the property was Suzanne Somers and Alan Hamel. The broker who represented the deal was Josh Flagg from Rodeo Realty.
Players
Palm Springs 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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93