Michael Fahimian & Jack Harris Acquires SFR In Brentwood For $9.1M
SOLD
$9,100,000
California
See Similar DealsSingle Family Residence7 SF
Sold 11/22/2022
SOLD
Michael Fahimian & Jack Harris Acquires SFR In Brentwood For $9.1M
417 North Kenter Avenue, Los Angeles, California 90049, United States
See Similar DealsSingle Family Residence7 SF
Sold 11/22/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,300,000
Total Square Footage:7 SF
Transaction Type:Sale
A single-family home located at 417 N. Kenter Ave in Brentwood, California has been sold in a recent transaction. The property, which has a total area of 7,420 square feet, was sold for a sale price of $9,100,000. The home is situated in a sought-after market in Brentwood, known for its desirable residential properties.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $9,100,000
- Date: 11/22/2022
- Address: 417 N. Kenter Ave, Brentwood
- Market: Brentwood
- Brokers: Michael Fahimian & Jack Harris - HF Estates
- Asking Price: $11,995,000
- Sq. Ft.: 7,420
- Price per Sq. Ft.: $1,226
The sale of the property was facilitated by brokers Michael Fahimian and Jack Harris from HF Estates. They represented the buyer and seller in the transaction, ensuring a successful deal for both parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$485,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,330.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,138.64
Annual Debt Service$517,663.71
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