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5226 N Wayne

Updated Sep 9, 2024

Michelle Marme Acquires SFR In Lakewood Balmoral For $1.325M
SOLDSingle Family Residence

Michelle Marme Acquires SFR In Lakewood Balmoral For $1.325M

5226 N Wayne

$1,325,000

$395/SF

Building Size

3,350 SF

Asset Type

Single Family Residence

Closing

Aug 12, 2022

About this deal

AI

A single-family home located at 5226 N Wayne in the Lakewood Balmoral market recently sold for $1,325,000. The property encompasses 3,350 square feet and has a price per square foot of $396. The transaction took place on 08/31/2022.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $1,325,000
  • Square Footage: 3,350
  • Price Per Square Foot: $396
  • Address: 5226 N Wayne
  • Market: Lakewood Balmoral

The buyer of the property was Michelle Marme, while the seller was John Stanhaus. The transaction was facilitated by John Charmelo from John Charmelo Properties.

Players

John Charmelo

At Properties Commercial

Broker

$2.3M

vol

2 deals

Broker

Oak Harbor Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Michelle Marme bought a home in Oak Harbor for $1.3M in 2022. The full closing is on this page.

About $395 per square foot on a published $1.3M for 3,350 square feet (2022).

Visit John Charmelo to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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