Compass Brokers Alex Santaniello & Carl Gambino Facilitate $2.4M Sale Of Marina Del Rey SFR By Martin Flynn
SOLD
$2,400,000
California
See Similar DealsSingle Family Residence2,264 SF
Sold 07/20/2022
SOLD
Compass Brokers Alex Santaniello & Carl Gambino Facilitate $2.4M Sale Of Marina Del Rey SFR By Martin Flynn
905 Howard Street
See Similar DealsSingle Family Residence2,264 SF
Sold 07/20/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,060
Total Square Footage:2,264 SF
Transaction Type:Sale
A single-family home located at 905 Howard St. in Marina Del Rey has been sold in a recent transaction. The property, with a total floor area of 2,264 square feet, was purchased for a price of $2,400,000, resulting in a price per square foot of $1,060. The sale was facilitated by brokers Alex Santaniello and Carl Gambino from Compass.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $2,400,000
The buyers of the property are Matthew Burton, Brandon Kennedy, and Derrick StClair, while the seller is Martin Flynn. The transaction was overseen by the Compass brokerage team, represented by Alex Santaniello and Carl Gambino.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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