Updated Sep 9, 2024
Justyn & Elizabeth Howard Acquire Calabasas SFR For $30M With Brokers Tomer Fridman, Damon Skelton, Branden & Rayni Williams
Calabasas, CA, USA
$30,000,000
$1,363/SF
Building Size
22,000 SF
Asset Type
Single Family
Closing
Aug 18, 2021
About this deal
AI
A single-family residential property located in Calabasas has been sold for a whopping $30,000,000. The property spans an impressive 22,000 square feet, resulting in a price per square foot of $1,363. This transaction took place on 08/18/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $30,000,000
Leading the transaction were the brokers involved: Tomer Fridman and Damon Skelton from Compass, along with Branden and Rayni Williams from The Beverly Hills Estates. The buyers of the property are Justyn and Elizabeth Howard.
Players
Calabasas 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93