William Upshall Acquires SFR In Newport Beach For $2.5M
3803 Marcus Ave Newport Beach, CA 92663, USA
$2,500,000
$839/SF
Building Size
2,978 SF
Asset Type
Single Family Residence
Closing
Mar 27, 2017
AI
The sale of a single-family residence in Newport Beach has been completed. The property, located at 3803 Marcus Avenue, was sold for a total price of $2,500,000. The residence spans across 2,978 square feet, resulting in a price per square foot of $839.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,500,000
- Address: 3803 Marcus Avenue, Newport Beach
- Square Footage: 2,978
- Price Per Square Foot: $839
William Upshall acted as the buyer in this transaction, while Brenda Abshear served as the seller. Trista Bouchard, from Realty CO-OP, represented the buyer, and Brendan Brown, from Westside Estate Agency, represented the seller.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93