John Fogerty Sells Encino SFR For $7.975M With Brokers Jacob Greene, Josh Altman & Matt Altman
SOLD
$7,975,000
California
See Similar DealsSingle Family9,000 SF
Sold 08/16/2021
SOLD
John Fogerty Sells Encino SFR For $7.975M With Brokers Jacob Greene, Josh Altman & Matt Altman
Encino
See Similar DealsSingle Family9,000 SF
Sold 08/16/2021
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$886
Total Square Footage:9,000 SF
Transaction Type:Sale
A single-family residence (SFR) located in Encino has recently been sold. The property, spanning approximately 9,000 square feet, was sold for a total of $7,975,000, resulting in a price per square foot of $886. The sale took place on August 16, 2021, in the Encino market.
Summary of Transaction Details:
- Property Type: SFR
- Transaction Amount: $7,975,000
- Square Footage: 9,000
- Price Per Square Foot: $886
- Market: Encino
The seller of this property was none other than John Fogerty, the renowned musician. The sale was facilitated by a team of brokers including Jacob Greene, Josh Altman, and Matt Altman. They played a crucial role in this transaction, representing both the seller and the buyer.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$425,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,333.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,805.57
Annual Debt Service$453,666.82
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