Cooper Mount & Brett Lawyer Facilitate $11.2M Sale Of Beverly Hills SFR
SOLD
$11,200,000
California
See Similar DealsSingle Family Residence14,632 SF
Sold 01/31/2022
SOLD
Cooper Mount & Brett Lawyer Facilitate $11.2M Sale Of Beverly Hills SFR
2859 Coldwater Canyon Drive, Beverly Hills, California 90210, United States
See Similar DealsSingle Family Residence14,632 SF
Sold 01/31/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$765
Total Square Footage:14,632 SF
Transaction Type:Sale
Located in Beverly Hills, the single-family residence at 2859 Coldwater Canyon Dr. recently changed hands in a sale transaction. The property spans 14,632 square feet and was sold for a total of $11,200,000, resulting in a price per square foot of $765. The transaction took place on January 31, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $11,200,000
- Address: 2859 Coldwater Canyon Dr.
- Market: Beverly Hills
Cooper Mount, representing The Agency, acted as the buyer's representative in this transaction, and Brett Lawyer, from Hilton & Hyland, represented the seller. Both parties played a crucial role in facilitating the successful sale of this property.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$597,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,791.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,093.71
Annual Debt Service$637,124.57
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