Dan Urbach Sells Santa Monica SFR On Mabery Road For $11.25M
SOLD
$11,250,000
California
See Similar DealsSingle Family Residence3,688 SF
Sold 09/10/2021
SOLD
Dan Urbach Sells Santa Monica SFR On Mabery Road For $11.25M
49 Mabery Road, Santa Monica, CA 90402, USA
See Similar DealsSingle Family Residence3,688 SF
Sold 09/10/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$3,050
Total Square Footage:3,688 SF
Transaction Type:Sale
An SFR located at 49 Mabery Road in Santa Monica has been sold for a total of $11,250,000. The property spans 3,688 square feet, resulting in a price per square foot of $3,050.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $11,250,000
- Address: 49 Mabery Road, Santa Monica
- Market: Santa Monica
- Broker: Dan Urbach
- Square Footage: 3,688
- Price per Square Foot: $3,050
Dan Urbach represented the parties involved in this sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$600,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,968.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,330.74
Annual Debt Service$639,968.87
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