Soren Urry Acquires Ellen DeGeneres & Portia De Rossi's Montecito 0.72 Acre SFR For $13.5M
SOLD
California
See Similar DealsSingle Family Residence4,780 SF
Sold 04/04/2022
SOLD
Soren Urry Acquires Ellen DeGeneres & Portia De Rossi's Montecito 0.72 Acre SFR For $13.5M
321 Ennisbrook Drive, Santa Barbara, California 93108, United States
See Similar DealsSingle Family Residence4,780 SF
Sold 04/04/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,824
Total Square Footage:4,780 SF
Transaction Type:Sale
Portia de Rossi and Ellen DeGeneres have sold their property located at 321 Ennisbrook Dr. in Montecito. This single-family residential (SFR) asset sits on 0.72 acres of land. The transaction took place on 04/04/2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $13,500,000
- Square Footage: 4,780
- Price per Square Foot: $2,824
- Address: 321 Ennisbrook Dr.
- Market: Montecito
Soren Urry is the buyer of this property, which was sold by Ellen DeGeneres and Portia de Rossi. The deal was facilitated by Riskin Partners Estate Group from Village Properties and Cristal Clarke from Berkshire Hathaway.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$720,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65
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