Updated Sep 9, 2024
Daniel Starr Sells Santa Barbara SFR For $25M With Broker Eric Haskell
Santa Barbara, California, United States
$25,000,000
$1,666/SF
Building Size
15,000 SF
Asset Type
Single Family Residence
Closing
Mar 26, 2022
About this deal
AI
Daniel Starr's Santa Barbara single-family residence (SFR) recently closed for a sale price of $25,000,000. The property spans 15,000 square feet, resulting in a price per square foot of $1,666. The transaction took place on March 26, 2022. The seller of the property was Daniel Starr himself, while Eric Haskell from The Agency represented the seller as the broker.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $25,000,000
- Square Footage: 15,000
- Price Per Square Foot: $1,666
- Market: Santa Barbara
The deal was facilitated by Eric Haskell from The Agency, who represented Daniel Starr in the transaction. The involvement of these key individuals reflects their roles and responsibilities in closing the deal, ensuring a successful outcome for both parties.
Santa Barbara Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $25M for 15,000 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93