Updated Dec 19, 2023
Elon Musk's SFR In Hillsborough Under Contract For $31.99M With Mary & Brent Gullixson - Compass
Hillsborough, CA, USA
$31,990,000
$1,999/SF
Building Size
16,000 SF
Asset Type
Single Family Residence
Closing
Nov 15, 2021
About this deal
AI
Elon Musk's stunning single-family residence located in Hillsborough is now under contract. The property, spanning 16,000 square feet, is listed for a sale price of $31,990,000 with a price per square foot of $1,999. This prestigious asset is expected to fetch a significant amount due to its impressive features.
Summary of transaction details:
- Property Type: Single-family residence (SFR)
- Transaction Amount: $31,990,000
- Market: Hillsborough
- Square Footage: 16,000
- Price Per Square Foot: $1,999
The seller, Elon Musk, has enlisted the services of Mary & Brent Gullixson from Compass to represent him in this transaction. With their expertise and experience, the brokers are well-equipped to handle this high-profile real estate deal.
Players
Hillsborough 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93