Cypress House Trust Acquires Golden Beach SFR For $15.1M With Buyer's Rep Andrea Goliger & Seller's Rep Alan Eskenazi
422 Golden Beach Drive
$15,075,500
$2,250/SF
Building Size
6,700 SF
Asset Type
Single Family Residence
Closing
Jan 27, 2023
AI
The property at 422 Golden Beach Drive in Golden Beach has been sold. The single-family residential property has a total area of 6,700 square feet. The sale price for the property was $15,075,500, resulting in a price per square foot of $2,250.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $15,075,500
- Address: 422 Golden Beach Drive
- Market: Golden Beach
The buyer of the property is Cypress House Trust, while the sellers are Ricardo Halfen, representing Treo Construction, and Stephanie Halfen, representing SDH studio. The buyer's representative in the transaction is Andrea Goliger from Lumer Real Estate, and the seller's representative is Alan Eskenazi from Miles Goldstein Real Estate.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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