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Beverly Hills, CA, USA

Joseph McGinty Nichol Acquires Beverly Hills SFR From Donna Scott & Tony Scott For $14.7M
SOLDSingle Family

Joseph McGinty Nichol Acquires Beverly Hills SFR From Donna Scott & Tony Scott For $14.7M

Beverly Hills, CA, USA

$14,700,000

$339/SF

Building Size

43,249 SF

Asset Type

Single Family

Closing

Sep 15, 2021

AI

The recently sold property in Beverly Hills has garnered attention due to its notable features and the esteemed individuals involved in the transaction.

Summary of transaction details:

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $14,700,000
  • Market: Beverly Hills

The stunning Single Family Residence (SFR) located in Beverly Hills was recently sold for a remarkable price of $14,700,000. The property, owned by Donna Scott and Tony Scott, has captured the interest of buyers and real estate enthusiasts alike.

Joseph McGinty Nichol, also known as Joseph McGinty Nichol, recently purchased the property, further adding to his real estate portfolio. The transaction was facilitated by a team of reputable brokers, including Kirby Gillon, Bryce Lowe, and Aaron Kirman from the Aaron Kirman Group at Compass, as well as Billy Rose from The Agency.

The involvement of these top-tier brokers highlights the significance of the transaction and speaks to the caliber of the property. With its prime location in Beverly Hills and a notable reputation within the real estate market, the sale of this Single Family Residence (SFR) marks a noteworthy achievement in the industry.

Players

Aaron Kirman

Christie's International Real Estate

Broker

$947.4M

vol

44 deals

Broker
Compass
CompassBrokerage

Tony Scott

Seller

$14.7M

vol

2 deals

Seller

Beverly Hills 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

1.08%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93