Updated Sep 9, 2024
Former DocuSign CEO Dan Springer Acquires Luxurious Atherton Home For $22M
335 Fletcher Dr Atherton, CA 94027, USA
$22,000,000
$1,962/SF
Building Size
11,211 SF
Asset Type
Single Family Residence
Closing
Jun 13, 2023
About this deal
AI
A newly built home in Atherton has been sold for $22 million, making it one of the top sales in the country's wealthiest zip code this year. The property, located at 335 Fletcher Drive, boasts six bedrooms and luxurious amenities. Spanning over 11,211 square feet, it sits on a sprawling 1-acre lot.
Summary of transation details
- Property Type: Single-Family Residence
- Transaction Amount: $22,000,000
- Address: 335 Fletcher Drive, Atherton
- Market: Atherton
- Size: 11,211 square feet
- Lot Size: 1 acre
The buyer of this impressive property is Dan Springer, the former CEO of DocuSign, and Gillian James. Mehdi Jazayeri is the seller of the home. The deal was facilitated by Alex Buljan and Tom LeMieux from Compass.
Please note that the article does not provide any additional information.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2K per square foot on a published $22M for 11,211 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93