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Westport, Connecticut, Unit...

Shonda Rhimes Acquires 7.5 Acres Single Family Property In Westport, CT For $15.17M
SOLDSingle Family Residence

Shonda Rhimes Acquires 7.5 Acres Single Family Property In Westport, CT For $15.17M

Westport, Connecticut, United States

$15,170,000

$399,210/SF

Building Size

38 SF

Asset Type

Single Family Residence

Closing

Apr 17, 2023

AI

Shonda Rhimes, the American television producer and writer, has recently closed a deal in Westport, CT. The property involved in this transaction is a single-family home situated on a spacious 7.5-acre lot. The sale took place on October 14, 2022, with a purchase price of $15,170,000. The property boasts a total area of 38,000 square feet, which translates to a price per square foot of $399.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $15,170,000
  • Location: Westport, CT
  • Acreage: 7.5 acres
  • Buyer: Shonda Rhimes
  • Seller: Melissa & Doug Bernstein
  • Broker: Karen Scott - Compass

Represented by Karen Scott from Compass, Shonda Rhimes successfully acquired this remarkable property. The transaction involved Melissa & Doug Bernstein, the sellers of the property. With a sale price of $15,170,000, Shonda Rhimes' new home offers a spacious living area of 38,000 square feet at a cost of $399 per square foot.

Players

Shonda Rhimes

Buyer

$36.2M

vol

2 deals

Buyer

Westport Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.05%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93