Compass Brokers Handle $12.5M Sale Of 8.68 Acre Single Family Property In Saratoga
13740 Pierce Rd Saratoga, CA 95070, USA
$12,468,000
$1,187/SF
Building Size
10,501 SF
Asset Type
Single Family
Closing
May 26, 2023
AI
A single-family property with a land size of 8.68 acres, located at 13740 Pierce Road in Saratoga, was recently sold. The property was sold for a total price of $12,468,000. The property has a total square footage of 10,501, resulting in a price per square foot of $1,187.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $12,468,000
- Address: 13740 Pierce Road
- Market: Saratoga
- Land Size: 8.68 acres
- Brokers: Michael Brown & Alice Xu - Compass; Donnica Ayon - Altas Realty
Michael Brown and Alice Xu from Compass, along with Donnica Ayon from Altas Realty, represented the involved parties in this transaction.
Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93