facebook
Traded Co logo
Submit

Stephen Light & Angel Light Acquire SFR In Hope Ranch For $18.2M

Property Image
SOLD
$18,200,000

California

See Similar Deals
Single Family Residence11,394 SF
Sold 08/02/2022
the dealdetailscomps
Property Image
SOLD

Stephen Light & Angel Light Acquire SFR In Hope Ranch For $18.2M

Hope Ranch, Santa Barbara, California, United States

See Similar Deals
Single Family Residence11,394 SF
Sold 08/02/2022
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,597
Total Square Footage:11,394 SF
Transaction Type:Sale

The property involved in this closed transaction is a single-family residence located in Hope Ranch. The property, which was sold by actress Noelle Lippman, has a total area of 11,394 square feet. The sale price for the property was $18,200,000, resulting in a price per square foot of $1,597.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $18,200,000
  • Market: Hope Ranch

Stephen Light and Angel Light, known as @glidefast on Instagram, are the buyers of this property. Noelle Lippman, the actress, acted as the seller in this transaction.

Details

SOLD
IMAGE: Noelle Lippman DATE: 08/02/2022 MARKET: Hope Ranch ASSET TYPE: SFR BUYER: Stephen Light & Angel Light - @glidefast SELLER: Noelle Lippman - Actress SALE PRICE: $18,200,000 SF: 11,394 ~ PPSF: $1,597

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$970,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$64,660.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$86,277.29
Annual Debt Service$1,035,327.42