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Hillsborough, CA, USA

Elon Musk's SFR In Hillsborough Under Contract For $31.99M With Mary & Brent Gullixson - Compass
SOLDSingle Family Residence

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

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

Mary Gullixson

Compass

Broker

$222.8M

vol

7 deals

Broker
Elon Musk

Elon Musk

Seller

$62M

vol

32 deals

Seller

Hillsborough 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

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93