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Dave Shalabi Of Re/Max 10 Represents Buyer In $1.02M Multifamily Sale In Naperville

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SOLD
$1,020,000

Illinois

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MultiFamily5,035 SF
Sold 08/14/2024
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Property Image
SOLD

Dave Shalabi Of Re/Max 10 Represents Buyer In $1.02M Multifamily Sale In Naperville

2435 Fawn Lake Circle

See Similar Deals
MultiFamily5,035 SF
Sold 08/14/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$202
Total Square Footage:5,035 SF
Transaction Type:Sale

A multifamily home located at 2435 Fawn Lake Circle in Naperville has been sold for $1,020,000. The property measures 5,035 square feet and includes features such as 4 bedrooms and 5 bathrooms, along with a finished basement that offers a theater and game room. Situated on a 0.35-acre lot, it provides views of the White Eagle Golf Course.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,020,000
  • Square Footage: 5,035
  • Address: 2435 Fawn Lake Circle
  • Market: Naperville
  • PPSF: $203
  • Buyer's Representative: Dave Shalabi - Re/Max 10
  • Seller's Representative: Cindy Kashul - Redfin Corporation

The transaction involved key representatives in the real estate market, with Dave Shalabi from Re/Max 10 acting on behalf of the buyer, while Cindy Kashul from Redfin Corporation represented the seller. Their roles were crucial in facilitating the successful sale of this property.

Players

Cindy Kashul
1 deal$1M volume(630) 998-8016
BROKER

Dave Shalabi
Re/Max
1 deal$1M volume(708) 705-9000
BROKER

Details

SOLD
IMAGE: Dave Shalabi & Cindy Kashul DATE: 08/14/2024 ADDRESS: 2435 Fawn Lake Circle MARKET: Naperville ASSET TYPE: Multifamily ~ ACRES: 0.35 BUYER'S REP: Dave Shalabi (@DaveShalabi) - Re/Max 10 SELLER'S REP: Cindy Kashul (@CindyKashul_broker) - Redfin Corporation (@RedfinRealEstate) SALE PRICE: $1,020,000 SF: 5,035 ~ PPSF: $203 NOTE: A luxurious 5,035-square-foot home at 2435 Fawn Lake Circle in Naperville sold for $1.02 million. The property, featuring 4 bedrooms, 5 bathrooms, a finished basement with a theater and game room, and views of the White Eagle Golf Course, offers a prime living space in a sought-after neighborhood.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$54,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,623.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,835.32
Annual Debt Service$58,023.84