Cynthia Raffio Acquires Marathon SFR For $4.9M
58437 Morton Street
$4,900,000
$1,289/SF
Building Size
3,800 SF
Asset Type
Single Family Residence
Closing
Jul 28, 2022
AI
A single-family home located at 58437 Morton St in Marathon has been sold for $4,900,000. The property spans across 3,800 square feet, resulting in a price per square foot of $1,289. Cynthia Raffio is the buyer, while Brett Schmulian is the seller. The transaction was facilitated by Lokation Real Estate as the broker. Ricky Guerrero, Esq. served as the attorney for the deal, and Adriana Guerrero from United Capital Partners acted as the mortgage broker.
Summary of transation details
- Property Type: Single-Family Home
- Transaction Amount: $4,900,000
- Square Footage: 3,800
- Price per Square Foot: $1,289
- Buyer: Cynthia Raffio
- Seller: Brett Schmulian
- Broker: Lokation Real Estate
- Attorney: Ricky Guerrero, Esq.
- Mortgage Broker: Adriana Guerrero - United Capital Partners
Ricky Guerrero, Esq. represented the buyer in this transaction, while Adriana Guerrero from United Capital Partners served as the mortgage broker. The deal involved the transfer of a single-family home located at 58437 Morton St in Marathon. Lokation Real Estate facilitated the transaction as the broker.
Players
Marathon 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93