Andrew Beyer Of Douglas Elliman Acquires Malibu SFR For $2.7M
SOLD
California
See Similar DealsSingle Family Residence9,213 SF
Sold 02/21/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$293
Total Square Footage:9,213 SF
Transaction Type:Sale
A Single Family Residence (SFR) in Malibu has been sold for a price of $2,700,000. With a total square footage of 1,924, the property was sold at a price per square foot of $1,403. The lot size of the property is 9,213 square feet, resulting in a price per lot square foot of $293.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,700,000
- Square Footage: 1,924
- Price per Square Foot: $1,403
- Lot Size: 9,213 square feet
- Price per Lot Square Foot: $293
Andrew Beyer from Douglas Elliman represented the buyer in this transaction, while Irene Dazzan-Palmer from The Agency acted as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53
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