Updated Dec 21, 2023
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
About this deal
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
Indian Wells Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $774 per square foot on a published $4.3M for 5,487 square feet (2022).
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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