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Colleen Wilcox Acquires 1.92-Acre Estate Lot In Naperville For $1.15M
SOLD
Illinois
See Similar DealsLand
Sold 07/08/2024
SOLD
Colleen Wilcox Acquires 1.92-Acre Estate Lot In Naperville For $1.15M
7s731 Olesen Drive
See Similar DealsLand
Sold 07/08/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
7S731 Olesen Drive in Naperville, a rare 1.92-acre estate lot, was sold for $1,150,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,150,000
- Address: 7S731 Olesen Drive
- Market: Naperville
- Asset Type: Land
- Acres: 1.92
Colleen Wilcox from Compass represented the buyer, while Nathan Stillwell from John Greene & Realtor represented the seller in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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