Updated Sep 9, 2024
Shaun White Sells Point Dume SFR For $8M With Aaron Kirman & Chris Cortazzo - Compass
$8,000,000
$3,636/SF
Building Size
2,200 SF
Asset Type
Single Family Residence
Closing
Nov 25, 2020
About this deal
AI
A luxury single-family home located in Point Dume has recently been sold for a staggering price of $8,000,000. Spanning over an impressive 2,200 square feet, this property offers a spacious living environment for its future owner. The sale was finalized on November 25, 2020, making it one of the notable transactions in the area. The price per square foot for this property is approximately $3,636, indicating its exclusivity and desirability.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $8,000,000
- Square Footage: 2,200
- Price per Square Foot: $3,636
The seller of this remarkable property is none other than Shaun White, a well-known figure in the industry. Represented by Aaron Kirman and Chris Cortazzo from Compass, the transaction was facilitated by two experienced brokers who ensured a smooth and successful deal. Their expertise and knowledge of the market played a crucial role in the completion of this high-value sale.
Players
Malibu Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.6K per square foot on a published $8M for 2,200 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93