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903 Paradise Way

Updated Dec 4, 2024

Dana Carmel & Jessica Heredia Sell Single Family Home In Palo Alto For $4.32M
SOLDSingle Family

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:

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

Dana Carmel

Represent Realty

Broker

$4.3M

vol

1 deal

Broker

Palo Alto Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $4.3M for 2,782 square feet (2024).

Visit Represent Realty to view all their deals.

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

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