Henry Winterstern Sells Beverly Hills Single Family Property For $47.5M With Buyer's Rep Fred Bernstein & Ethan Peskowitz And Seller's Rep Kurt Rappaport
Beverly Hills Post Office
$47,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Mar 31, 2023
AI
The property at 1426 Summitridge Drive in Beverly Hills has been sold. The single-family home was sold by Henry Winterstern for a total of $47,500,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $47,500,000
- Address: 1426 Summitridge Drive
- Market: Beverly Hills
Representing the buyer in this transaction were Fred Bernstein and Ethan Peskowitz from Westside Estate Agency. On the seller's side, Kurt Rappaport, also from Westside Estate Agency, handled the deal.
Players
Beverly Hills 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
0.33%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93