Updated Sep 5, 2024
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
About this deal
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.
On the Map
$12,468,000
$1,187/SF
Single Family
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Boundary boundary · Single Family · Sale transactions
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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