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Jameson Sotheby's International Realty Facilitates $2.9M SFR Sale In Hinsdale With Michael Kaplan As Buyer's Rep And Ginny Stewart & Paige Stewart As Seller's Rep

Property Image
SOLD
$2,899,000
Michael Kaplan
Ginny Stewart
Paige Stewart

Illinois

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Single Family Residence8,768 SF
Sold 08/30/2023
the dealplayerscompscontact
Property Image
SOLD

Jameson Sotheby's International Realty Facilitates $2.9M SFR Sale In Hinsdale With Michael Kaplan As Buyer's Rep And Ginny Stewart & Paige Stewart As Seller's Rep

605 E 6th St Hinsdale, IL 60521, USA

See Similar Deals
Single Family Residence8,768 SF
Sold 08/30/2023
Michael Kaplan
Ginny Stewart
Paige Stewart
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Single Family Residence
Price Per Square Foot:$330
Total Square Footage:8,768 SF
Transaction Type:Sale

The property involved in this transaction is a single family home located at 605 East 6th Street in Hinsdale. The property spans 8,768 square feet and was sold for a price of $2,899,000, resulting in a price per square foot of $331.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,899,000
  • Address: 605 East 6th Street
  • Market: Hinsdale

In this off-market deal, Michael Kaplan of Jameson Sotheby's International Realty represented the buyer, while Ginny Stewart and Paige Stewart, also from Jameson Sotheby's International Realty, represented the seller. It is worth noting that at the age of 23, Michael Kaplan becomes one of the youngest real estate brokers in Illinois to facilitate a multimillion-dollar single family home transaction.

Players

Michael Kaplan
Compass
Michael Kaplan
3 deals$6M volume(224) 688-1644
BROKER
Ginny Stewart
Sotheby's International Realty
Ginny Stewart
1 deal$2.9M volume(630) 738-0077
BROKER
Paige Stewart
Sotheby's International Realty
Paige Stewart
1 deal$2.9M volume(630) 320-2829
BROKER

Details

SOLD
IMAGE: Paige Stewart, Michael Kaplan & Ginny Stewart DATE: 08/30/2023 ADDRESS: 605 East 6th Street MARKET: Hinsdale ASSET TYPE: SFR BUYER'S REP: Michael Kaplan (@M.J.Kaplan) - Jameson Sotheby's International Realty (@JamesonSIR) SELLER'S REP: Ginny Stewart (@Ginnystewarthomes) & Paige Stewart (@Paigestewartrealtor) - Jameson Sotheby's International Realty (@JamesonSIR) SALE PRICE: $2,899,000 SF: 8,768 ~ PPSF: $331 NOTE FROM BROKERAGE: This property was exclusively listed by Ginny Stewart and Paige Stewart of Jameson Sotheby's International Realty. Michael Kaplan, also of Jameson Sotheby’s International Realty, represented the buyer in this transaction. At 23 years old, Michael becomes one of the youngest real estate brokers in Illinois to facilitate a multimillion-dollar single family home transaction. The deal was completed off-market.

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

$154,613.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,299.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,742.74
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