Nile Niami Sells 9,216 SF Bel Air SFR To Buyer Listed At $9.95M
SOLD
$9,950,000
California
See Similar DealsSingle Family Residence9,216 SF
Sold 12/25/2020
SOLD
Nile Niami Sells 9,216 SF Bel Air SFR To Buyer Listed At $9.95M
3381 Stoneridge Ln, Los Angeles, CA, USA
See Similar DealsSingle Family Residence9,216 SF
Sold 12/25/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,079
Total Square Footage:9,216 SF
Transaction Type:Sale
Nile Niami sold a single-family residence located at 3381 Stone Ridge Ln in Bel Air. The property was sold on December 25, 2020, for a price of $9,950,000. The house spans 9,216 square feet, resulting in a price per square foot of $1,079.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,950,000
- Square Footage: 9,216
- Address: 3381 Stone Ridge Ln
- Market: Bel Air
The seller in this transaction was Nile Niami. The deal was facilitated by Camellia Yeroomian from The Agency.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$530,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,350.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,168.08
Annual Debt Service$566,016.92
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