Julian Levit Of Compass Represents Buyer In $1.075M Sale Of Lake Forest Single Family Home
SOLD
Illinois
See Similar DealsSingle Family Residence3,511 SF
Sold 10/16/2024
SOLD
Julian Levit Of Compass Represents Buyer In $1.075M Sale Of Lake Forest Single Family Home
330 Meadow Lake Lane
See Similar DealsSingle Family Residence3,511 SF
Sold 10/16/2024
Summary
ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$306
Total Square Footage:3,511 SF
Transaction Type:Sale
The property asset involved in the transaction is a single-family home located at 330 Meadow Lake Lane in Lake Forest. The sale price for the property was $1,075,000, and it has a total square footage of 3,511, resulting in a price per square foot of $306.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,075,000
- Address: 330 Meadow Lake Lane
- Market: Lake Forest
- Square Footage: 3,511
- Price Per Square Foot: $306
- Buyer's Representative: Julian Levit - Compass
- Seller's Representative: Allison Silver - Compass
Key individuals involved in the transaction include Julian Levit, who represented the buyer, and Allison Silver, who represented the seller, both affiliated with Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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