South Park Group Represents Buyer In $18.2M Santa Barbara-Hope Ranch SFR Sale
4160 La Ladera Road
$18,150,000
$1,593/SF
Building Size
11,392 SF
Asset Type
Single Family Residence
Closing
Jul 12, 2022
AI
A single-family residence located at 4160 La Ladera Rd. in Santa Barbara-Hope Ranch has been sold. The property spans 11,392 square feet and was sold for $18,150,000, resulting in a price per square foot of $1,593.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $18,150,000
- SF: 11,392
- PPSF: $1,593
- Address: 4160 La Ladera Rd.
- Market: Santa Barbara-Hope Ranch
The transaction was facilitated by Steve Ravan and Julie Meggat of the South Park Group acting as the buyer's representatives. No further details about the deal and the parties involved were provided.
Players
Santa Barbara 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93