Updated Oct 28, 2024
Stephen Light & Angel Light Acquire SFR In Hope Ranch For $18.2M
Hope Ranch, Santa Barbara, California, United States
$18,200,000
$1,597/SF
Building Size
11,394 SF
Asset Type
Single Family Residence
Closing
Aug 1, 2022
About this deal
AI
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.
Players
Santa Barbara 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93