Nicole Ross Eloff Acquires Point Dume SFR From Aileen Getty For $16M
Point Dume, Malibu, CA, USA
$16,000,000
$3,044/SF
Building Size
5,255 SF
Asset Type
Single Family
Closing
Aug 10, 2021
AI
A SFR located in Point Dume has been sold for $16,000,000. The property spans 5,255 square feet, resulting in a price per square foot of $3,044. The transaction took place on August 10, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,000,000
- SF: 5,255
- PPSF: $3,044
- Market: Point Dume
Nicole Ross Eloff purchased the property from Aileen Getty. Brett Lawyer from Hilton & Hyland and Chris Cortazzo from Compass represented the buyer and seller respectively in the deal.
Players
Malibu 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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93