Architect Richard Landry And Chris Drugan Sell Brentwood SFR For $19.5M
SOLD
$19,500,000
California
See Similar DealsSingle Family9,500 SF
Sold 06/17/2022
SOLD
Architect Richard Landry And Chris Drugan Sell Brentwood SFR For $19.5M
Single Family9,500 SF
Sold 06/17/2022
Summary
Asset Type:Single Family
Price Per Square Foot:$2,052
Total Square Footage:9,500 SF
Transaction Type:Sale
An architectural masterpiece designed by Richard Landry and owned by Richard Landry and Chris Drugan in the exclusive Brentwood market has been sold for a whopping $19,500,000. This stunning single-family residence spans across 9,500 square feet, making it an exceptional investment opportunity in the area. The price per square foot comes in at $2,052, reflecting the high demand and premium value of this luxurious property.
Summary of transation details
- Property Type: Single-Family Residence
- Transaction Amount: $19,500,000
- Market: Brentwood
- Square Feet: 9,500
The sale was facilitated by Morgan Trent and Aaron Kirman of the Aaron Kirman Group at Compass, who served as the trusted brokers in this deal. Their expertise in the real estate industry undoubtedly played a crucial role in successfully closing this significant transaction. Richard Landry, a renowned architect, and Chris Drugan, the property owner, entrusted these reliable brokers to handle the sale, showcasing their professionalism and commitment to delivering exceptional results.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,039,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$69,279.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$92,439.95
Annual Debt Service$1,109,279.38
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