Updated Dec 21, 2023
Jameson Sotheby's International Realty Sells Morris IL SFR For $2.6M
7320 Saratoga Road
$2,600,000
$165/SF
Building Size
15,700 SF
Asset Type
Single Family Residence
Closing
Sep 29, 2022
About this deal
AI
Located at 7320 Saratoga Rd in Morris, IL, this single-family residential property was recently sold for a price of $2,600,000. The property spans over 15,700 square feet, resulting in a price per square foot of $166. The transaction took place on September 30, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,600,000
- Address: 7320 Saratoga Rd, Morris, IL
- Market: Morris, IL
- Square Footage: 15,700
Cheena Chandra and Carmen Allen from Jameson Sotheby's International Realty represented the seller in this transaction.
Players
Morris Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93