Thandiwe Newton Sells Single Family Home In Topanga For $2.75M With Buyer's Rep April Zanot & Chantal Von Wetter - Topanga Properties And Seller's Rep Devorah Balakhaneh & Jonathan Nash - Carolwood Estates
SOLD
California
See Similar DealsSingle Family Residence2,384 SF
Sold 01/27/2023
SOLD
Thandiwe Newton Sells Single Family Home In Topanga For $2.75M With Buyer's Rep April Zanot & Chantal Von Wetter - Topanga Properties And Seller's Rep Devorah Balakhaneh & Jonathan Nash - Carolwood Estates
Topanga, California, United States
See Similar DealsSingle Family Residence2,384 SF
Sold 01/27/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,153
Total Square Footage:2,384 SF
Transaction Type:Sale
Thandiwe Newton has sold a single-family home in Topanga, with the sale closing on January 27, 2023. The property, totaling 2,384 square feet, was sold for $2,750,000, resulting in a price per square foot of $1,154.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,750,000
- Market: Topanga
- Seller: Thandiwe Newton
- Buyer's Representative: April Zanot & Chantal von Wetter - Topanga Properties
- Seller's Representatives: Devorah Balakhaneh & Jonathan Nash - Carolwood Estates
April Zanot and Chantal von Wetter, from Topanga Properties, represented the buyer in this transaction. On the other side, Devorah Balakhaneh and Jonathan Nash, from Carolwood Estates, served as the seller's representatives.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
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Annual Debt Service$156,436.84
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