Updated Oct 29, 2024
Herbert A. Wertheim Acquires SFR In Rancho Santa Fe For $20M
7010 El Camino Del Norte, Rancho Santa Fe, CA 92091, USA
$20,000,000
$245/SF
Building Size
81,480 SF
Asset Type
Single Family Residence
Closing
Aug 27, 2020
About this deal
AI
The recently closed property transaction in Rancho Santa Fe involved the sale of a single-family residence located at 7010 El Camino Del Norte. The property, spanning over 8,148 square feet, was sold for a total price of $20,000,000, resulting in a price per square foot of approximately $2,454. Situated on a vast lot measuring approximately 49 acres, this property is an impressive asset in the Rancho Santa Fe market.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $20,000,000
- Square Footage: 8,148
- Price Per Square Foot: $2,454
- Lot Size: 49 Acres (approx.)
The seller in this transaction was the Sahm Foundation, while the buyer was Herbert A. Wertheim. The deal was facilitated by Jason Barry from the Jason Barry Team, who represented Herbert A. Wertheim's interests. For further information about this property sale, it is recommended to directly contact Jason Barry and his team in San Diego.
Players
Rancho Santa Fe Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $245 per square foot on a published $20M for 81,480 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93