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Hollywood Hills, Hollywood,...

Aaron & Jessica Sittig Acquire Hollywood Hills SFR For $5.2M With Compass Brokers
SOLDSingle Family Residence

Aaron & Jessica Sittig Acquire Hollywood Hills SFR For $5.2M With Compass Brokers

Hollywood Hills, Hollywood, FL, USA

$5,200,000

$1,915/SF

Building Size

2,715 SF

Asset Type

Single Family Residence

Closing

Sep 28, 2021

AI

Aaron Sittig has acquired a single-family residence located in Hollywood Hills. The property, spanning 0.35 acres, was sold on September 29, 2021, for a total price of $5,200,000. The home offers 2,715 square feet of living space, resulting in a price per square foot of $1,915. The transaction was facilitated by brokers Andrew Rhoda and Shaun Alan-Lee from Compass.

Summary of transaction details:

  • Property Type: Single-Family Residence
  • Transaction Amount: $5,200,000
  • Market: Hollywood Hills
  • Acres: 0.35
  • Buyer: Aaron & Jessica Sittig
  • Seller: Jean-Louis Deniot & William Holloway
  • Brokers: Andrew Rhoda & Shaun Alan-Lee - Compass
  • Square Footage: 2,715
  • Price per Square Foot: $1,915

The buyer of the property is Aaron Sittig along with Jessica Sittig. They acquired the home from Jean-Louis Deniot and William Holloway. The transaction was facilitated by Compass brokers Andrew Rhoda and Shaun Alan-Lee. The deal represents a significant investment in the desirable Hollywood Hills market.

Players

Andrew Rhoda

Compass

Broker

$15.1M

vol

3 deals

Broker

Jean-Louis Deniot

Seller

$10.4M

vol

2 deals

Seller

Hollywood 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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93