Tyra Banks Acquires Malibu SFR For $4.7M With Brokers Macht, Respondek, And Lake
SOLD
$4,720,000
California
See Similar DealsSingle Family4,089 SF
Sold
SOLD
Tyra Banks Acquires Malibu SFR For $4.7M With Brokers Macht, Respondek, And Lake
Malibu, CA, USA
See Similar DealsSingle Family4,089 SF
Sold
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1154
Total Square Footage:4089 SF
Transaction Type:Sale
Located in Malibu, this Single Family Residence (SFR) recently sold for $4,720,000. With a total square footage of 4,089, the property offers ample space for its residents. The sale price of $1,154 per square foot reflects the desirability of the home in the Malibu market.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,720,000
- Square Footage: 4,089
- Price per Square Foot: $1,154
Tyra Banks, the buyer, acquired this stunning property. Representing Tyra Banks in this transaction were Jonathan Macht from Coldwell Banker Realty and James Respondek & Heidi Lake from Sotheby’s Int’l Realty. These brokers played a vital role in facilitating the sale, showcasing their expertise in the Malibu market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$251,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,769.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,375.21
Annual Debt Service$268,502.50
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