Updated Oct 28, 2024
Ray Newton III Acquires Single Family Home In Atherton For $22.5M
54 Reservoir Road, Atherton, California 94027, United States
$22,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 15, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 54 Reservoir Road in Atherton. The property sits on approximately 1 acre of land. The sale took place on August 16, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $22,500,000
- Date: 08/16/2022
- Address: 54 Reservoir Road
- Market: Atherton
- Asset Type: Single Family
- Acres: 1
The buyer in this transaction is Ray Newton III. The seller is Benchmark Builders.
The single family residence sale at 54 Reservoir Road, Atherton, California 94027, United States in Atherton, California sold for $22.5M in 2022. 54 Reservoir Road, Atherton, California 94027, United States is classified as Single Family Residence on Traded. This page is the Atherton, California file for the 54 Reservoir Road, Atherton, California 94027, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Atherton sit in the Market section below. Filter that Atherton single family residence set by closing date to see what else sold near 54 Reservoir Road, Atherton, California 94027, United States around 2022. Published consideration for 54 Reservoir Road, Atherton, California 94027, United States is $22.5M, dated 2022. Cite this Ray Newton III Acquires Single Family Home In Atherton For $22.5M sale when underwriting similar single family residence product around Atherton, California.
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Atherton 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
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93