Matt Wollman Sells SFR In Mandeville Canyon For $56.55M With Reps David Kramer, Drew Fenton, And Tracy Tutor - Hilton & Hyland, Douglas Elliman
SOLD
$56,550,000
California
See Similar DealsSingle Family Residence
Sold 01/03/2022
SOLD
Matt Wollman Sells SFR In Mandeville Canyon For $56.55M With Reps David Kramer, Drew Fenton, And Tracy Tutor - Hilton & Hyland, Douglas Elliman
Mandeville Canyon, Los Angeles, California, United States
See Similar DealsSingle Family Residence
Sold 01/03/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Transaction Type:Sale
The recently closed property transaction in Mandeville Canyon involved the sale of a Single Family Residential (SFR) property. The property was sold for an impressive price of $56,550,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $56,550,000
- Seller: Matt Wollman - Strategic Services International
- Brokers: David Kramer & Drew Fenton - Hilton & Hyland; Tracy Tutor - Douglas Elliman
The sale was facilitated by the renowned brokers, David Kramer and Drew Fenton from Hilton & Hyland, and Tracy Tutor from Douglas Elliman. These brokers played a crucial role in ensuring the successful completion of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,016,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$200,910.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$268,075.85
Annual Debt Service$3,216,910.21
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