Madison Beer Sells Encino SFR For $7M With Broker Reps Josh & Matt Altman
Encino, California, United States
$7,000,000
$1,079/SF
Building Size
6,484 SF
Asset Type
Single Family Residence
Closing
May 15, 2022
AI
Madison Beer, the singer, has sold a single-family residence (SFR) in Encino. The property, which has a total area of 6,484 square feet, was sold for $7,000,000, resulting in a price per square foot of $1,079. The transaction took place on May 15, 2022. The property is located in the Encino market.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $7,000,000
- Square Footage: 6,484
- Price Per Square Foot: $1,079
- Market: Encino
The sale of the property was facilitated by Josh & Matt Altman, brokers from Douglas Elliman, who represented Madison Beer in the transaction.
Players
Encino 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93