Joe Gerber Of Coldwell Banker Represents Buyer In $1.18M Sale Of Highland Park Single Family Home
SOLD
Illinois
See Similar DealsSingle Family Residence4,463 SF
Sold 12/19/2024
SOLD
Joe Gerber Of Coldwell Banker Represents Buyer In $1.18M Sale Of Highland Park Single Family Home
1437 Mcdaniels Avenue
See Similar DealsSingle Family Residence4,463 SF
Sold 12/19/2024
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$264
Total Square Footage:4,463 SF
Transaction Type:Sale
The property located at 1437 Mcdaniels Avenue in the Highland Park market is a single-family home. This asset was sold for $1,180,000, comprises 4,463 square feet, and has a price per square foot of $264.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,180,000
- Square Footage: 4,463
- Price per Square Foot: $264
- Address: 1437 Mcdaniels Avenue
- Market: Highland Park
- Buyer's Representative: Joe Gerber - Coldwell Banker
- Seller's Representative: Erik Gimbel - EXP Realty
The transaction involved Joe Gerber representing the buyer, and Erik Gimbel representing the seller, indicating collaboration between two real estate agencies, Coldwell Banker and EXP Realty, in facilitating the sale of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62
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