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Beverly Hills, Florida, Uni...

Eric Schmidt Acquires Beverly Hills SFR For $5.2M With Buyer's Rep Michael Collins
SOLDSingle Family Residence

Eric Schmidt Acquires Beverly Hills SFR For $5.2M With Buyer's Rep Michael Collins

Beverly Hills, Florida, United States

$5,200,000

$1,402/SF

Building Size

3,708 SF

Asset Type

Single Family Residence

Closing

Jan 10, 2022

AI

Eric Schmidt has recently closed a property transaction in Beverly Hills. The single-family home was sold for a price of $5,200,000. The property spans across 0.24 acres and offers a spacious living area of 3,708 square feet. The sale price per square foot was calculated to be $1,402.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,200,000
  • Market: Beverly Hills
  • Asset Type: Single-Family Home
  • Acreage: 0.24 acres

The buyer of this property is Eric Schmidt, who is associated with Google. The transaction was facilitated by Michael Collins from Coldwell Banker Realty, who represented Eric Schmidt throughout the deal.

Players

Michael Collins

Coldwell Banker

Broker

$265.6M

vol

4 deals

Broker

Eric Schmidt

Google

Buyer

$265.6M

vol

9 deals

Buyer

Jacksonville 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