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2944 Lake Ridge Lane

Jerder Solutions Group Acquires Single Family Home From Lesa Milan & Richard Hall For $6.8M
SOLDSingle Family

Jerder Solutions Group Acquires Single Family Home From Lesa Milan & Richard Hall For $6.8M

2944 Lake Ridge Lane

$6,800,000

$785/SF

Building Size

8,654 SF

Asset Type

Single Family

Closing

Mar 26, 2025

AI

The property asset involved in this transaction is a single-family home located at 2944 Lake Ridge Lane in Weston. The transaction amount for this property is $6,800,000.00, and the total square footage is 8,654.0.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,800,000.00
  • Address: 2944 Lake Ridge Lane
  • Market: Weston
  • Square Footage: 8,654.0
  • Buyer: Jerder Solutions Group
  • Seller: Lesa Milan & Richard Hall
  • Broker: Irene Cadet - The Keyes Company

This transaction involves key parties including Jerder Solutions Group as the buyer and the sellers Lesa Milan and Richard Hall. The deal was represented by broker Irene Cadet from The Keyes Company, facilitating the transaction between the involved parties.

Players

Irene Cadet

The Keyes Company

Broker

$7.8M

vol

2 deals

Broker

Richard Hall

Seller

$13.3M

vol

3 deals

Seller

Weston Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93