facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

800 Corte Madera Avenue, Co...

Adam Neumann Sells Corte Madera SFR For $22.4M
SOLDSingle Family Residence

Adam Neumann Sells Corte Madera SFR For $22.4M

800 Corte Madera Avenue, Corte Madera, CA, USA

$22,400,000

$1,792/SF

Building Size

12,500 SF

Asset Type

Single Family Residence

Closing

Apr 13, 2021

AI

The single-family residence located at 800 Corte Madera Avenue in Corte Madera has been sold in a recent transaction. The property, owned by Adam Neumann, was sold for a total of $22,400,000. The house spans an area of approximately 12,500 square feet, resulting in a price per square foot of $1,792.

Summary of Transaction Details

  • Property Type: SFR
  • Date: 04/14/2021
  • Address: 800 Corte Madera Avenue, Corte Madera
  • Seller: Adam Neumann
  • Sale Price: $22,400,000
  • Square Footage: 12,500
  • Price per Square Foot: $1,792

The sale of this property was finalized on 04/14/2021. Adam Neumann, the seller, successfully closed the transaction, resulting in a significant sale price of $22,400,000. The property, a spacious single-family residence, offers ample space with a square footage of 12,500. With a price per square foot of $1,792, this sale demonstrates the value and desirability of properties in the Corte Madera market.

Players

Adam Neumann

Seller

$657.6M

vol

13 deals

Seller

Corte Madera Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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