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74360 Desert Arroyo Trail, ...

Melanie Stephenson Coto Acquires SFR In Palm Desert For $4.25M
SOLDSingle Family Residence

Melanie Stephenson Coto Acquires SFR In Palm Desert For $4.25M

74360 Desert Arroyo Trail, Indian Wells, California 92210, United States

$4,250,000

$774/SF

Building Size

5,487 SF

Asset Type

Single Family Residence

Closing

Jan 19, 2022

AI

The recently closed property transaction involves a Single-Family Residence (SFR) located at 74360 Desert Arroyo Trail in Palm Desert, Indian Wells. The property was sold by David Borowski to the buyer, Melanie Stephenson Coto, for a sale price of $4,250,000. The SFR spans across 5,487 square feet, resulting in a price per square foot (PPSF) of $774.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,250,000
  • Square Footage: 5,487
  • Price per Square Foot (PPSF): $774
  • Address: 74360 Desert Arroyo Trail
  • Market: Palm Desert, Indian Wells

Representing the seller, David Borowski, in this transaction was Jason Weiss from TheLuxuryDesert.com. Jason Weiss served as the broker in this deal, facilitating the successful sale of the property.

Players

Jason Weiss

Broker

$18.5M

vol

4 deals

Broker

Indian Wells 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

3.73%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93