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Palm Springs, California, U...

Brent Harris Sells Palm Springs SFR For $13.06M Through Gerard Bisignano - Vista Sotheby’s International Realty
SOLDSingle Family Residence

Brent Harris Sells Palm Springs SFR For $13.06M Through Gerard Bisignano - Vista Sotheby’s International Realty

Palm Springs, California, United States

$715,000

Building Size

Asset Type

Single Family Residence

Closing

Jan 13, 2022

AI

The recently closed property transaction in Palm Springs involved the sale of a single-family residence (SFR) for a price of $13,060,000. The seller, Brent Harris, worked with broker Gerard Bisignano from Vista Sotheby’s International Realty.

Summary of transaction details

  • Property Type: Single-family residence (SFR)
  • Transaction Amount: $13,060,000
  • Market: Palm Springs

In this deal, Brent Harris successfully sold his SFR in Palm Springs for $13,060,000. The transaction was facilitated by Gerard Bisignano, a representative from Vista Sotheby’s International Realty.

Players

Loan Ly

Sotheby's International Realty

Broker

$715K

vol

1 deal

Broker

Palm Springs 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

22.19%

Cash-on-Cash

-6.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93