Ryan Sweeney Acquires Atherton SFR For $12.2M
SOLD
$12,200,000
California
See Similar DealsSingle Family Residence
Sold 07/20/2022
SOLD
Ryan Sweeney Acquires Atherton SFR For $12.2M
39 Barry Lane, Atherton, California 94027, United States
See Similar DealsSingle Family Residence
Sold 07/20/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Transaction Type:Sale
Ryan Sweeney has purchased a single-family residential property located at 39 Barry Lane in Atherton. The property spans 1.0 acre and was sold for a price of $12,200,000. The transaction took place on July 20, 2022. The seller of the property was Leslie & Linda Evans.
Summary of transaction details
- Property Type: Single-Family Residential
- Transaction Amount: $12,200,000
- Date: July 20, 2022
- Address: 39 Barry Lane, Atherton
- Market: Atherton
- Asset Type: Single-Family Residential
- Acres: 1.0
Ryan Sweeney, the buyer, successfully acquired the property from Leslie & Linda Evans. The deal was facilitated by their respective representatives.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$650,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,344.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$57,834.22
Annual Debt Service$694,010.69
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