Kelly Clarkson Sells Encino SFR For $8.24M With Brokers Chris Corkum & Lisa Brende - Compass, Craig Knizek - The Agency
SOLD
$8,240,000
California
See Similar DealsSingle Family10,108 SF
Sold 09/23/2021
SOLD
Kelly Clarkson Sells Encino SFR For $8.24M With Brokers Chris Corkum & Lisa Brende - Compass, Craig Knizek - The Agency
Encino, Los Angeles, CA, USA
See Similar DealsSingle Family10,108 SF
Sold 09/23/2021
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$815
Total Square Footage:10,108 SF
Transaction Type:Sale
A single-family residential property located in Encino has been sold for $8,240,000. The property, owned by Kelly Clarkson, spans an area of 0.54 acres. With a total interior space of 10,108 square feet, the price per square foot amounts to $815.
Summary of Transaction Details:
- Property Type: Single-Family Residential
- Transaction Amount: $8,240,000
- Market: Encino
- Acres: 0.54
Chris Corkum and Lisa Brende from Compass, along with Craig Knizek from The Agency, served as the brokers for this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$439,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,274.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,061.80
Annual Debt Service$468,741.65
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