Updated Dec 4, 2024
Dana Carmel & Jessica Heredia Sell Single Family Home In Palo Alto For $4.32M
903 Paradise Way
$4,320,000
$1,552/SF
Building Size
2,782 SF
Asset Type
Single Family
Closing
Apr 3, 2024
About this deal
AI
A single-family property located at 903 Paradise Way in Palo Alto was recently sold for $4,320,000. The house spans 2,782 square feet and was built in 1963. It features five bedrooms, three baths, an attached two-car garage, and a substantial lot with a pool for leisure and recreation. The selling price equates to $1,553 per square foot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,320,000
- Address: 903 Paradise Way
- Market: Palo Alto
- Square Footage: 2,782
- Brokers: Dana Carmel & Jessica Heredia - Represent Realty
Dana Carmel and Jessica Heredia of Represent Realty facilitated the transaction of the property located at 903 Paradise Way. They acted as brokers in the deal, bringing together the buyer and seller for the successful completion of the transaction.
Players
Palo Alto Single Family Market Snapshot
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
3.67%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93