SOLDLand
Christine Wilczek Of Realty Executives Elite Represents Buyer In 2.26 Acre Land Sale For $1.19M
315 Stable Lane
$1,187,500
Building Size
—
Asset Type
Land
Closing
Aug 22, 2024
AI
A 2.26-acre land parcel located at 315 Stable Lane in Lake Forest was sold for $1,187,500. This transaction highlights the interest in land assets within the Lake Forest market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,187,500
- Address: 315 Stable Lane
- Market: Lake Forest
- Acres: 2.26
- Buyer's Representative: Christine Wilczek - Realty Executives Elite
- Seller's Representative: Ornit Mandell - Ornit Mandell Real Estate
In this transaction, Christine Wilczek represented the buyer, while Ornit Mandell acted on behalf of the seller, showcasing their expertise in the real estate market.
Players
Lake Forest Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.36%
Cash-on-Cash
-3.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93