Updated Sep 9, 2024
Mahershala Ali Acquires Oakland SFR For $1.2M With Broker Reps Michael Stephens & Tom Telfer
Oakland, California, United States
$1,200,000
$546/SF
Building Size
2,194 SF
Asset Type
Single Family Residence
Closing
Feb 14, 2022
About this deal
AI
A property in Oakland has been sold in a recent transaction. The property is a single-family residence (SFR) and sits on approximately 0.23 acres of land. The sale took place on February 14, 2022.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $1,200,000
- Market: Oakland
- Acres: 0.23
The buyer of the property is Mahershala Ali, an American actor. The sale was facilitated by two brokers, Michael Stephens from Corcoran Global Living and Tom Telfer from Pointe Real Estate. The transaction saw the property being purchased for $1,200,000. The property has a total area of 2,194 square feet, resulting in a price per square foot of $546.
On the Map
$1,200,000
$546/SF
Single Family Residence
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Players
Oakland Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $546 per square foot on a published $1.2M for 2,194 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93