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274 Donlea Road

Ford & Kaitlin Williams Purchase SFR In Barrington Hills For $1.775M
SOLDCo-Op

Ford & Kaitlin Williams Purchase SFR In Barrington Hills For $1.775M

274 Donlea Road

$1,775,000

$267/SF

Building Size

6,631 SF

Asset Type

Co-Op

Closing

Nov 4, 2022

AI

The recently closed property transaction in Barrington Hills involved a Single Family Residence (SFR) located at 274 Donlea Road. This spacious property spans over 6,631 square feet and was sold at a sale price of $1,775,000. With a price per square foot of $268, this property offers a desirable investment opportunity for the buyers.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,775,000
  • Market: Barrington Hills
  • Address: 274 Donlea Road
  • Buyer: Ford & Kaitlin Williams
  • Seller: James & Jeanne Perry
  • Broker: Darrell Scott - Compass

The buyers, Ford and Kaitlin Williams, were represented by Darrell Scott from Compass in this transaction. The sellers, James and Jeanne Perry, successfully closed the deal, facilitated by the expertise of their respective broker. With its attractive features and market value, this property presents a significant opportunity for the buyers to make it their new home or capitalize on its investment potential.

Players

Darrell Scott

Compass

Broker

$6.9M

vol

4 deals

Broker

Barrington Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93