Updated Oct 28, 2024
Bill Gates Sells Hyde Park Single Family Home For $1.5M With Broker Jason O'Beirne
Hyde Park, Chicago, Illinois, United States
$1,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 21, 2022
About this deal
AI
The recently closed property transaction in Hyde Park involved a single-family home that was sold for $1,500,000. The property was owned by Melinda and Bill Gates, who are also associated with Microsoft. The transaction took place on 09/22/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,500,000
- Seller: Melinda & Bill Gates - @microsoft
- Broker: Jason O'Beirne - @jamesonsir
The deal was facilitated by Jason O'Beirne, a representative from Jameson Sotheby's International Realty. The involvement of prominent figures like Bill Gates and the association with Microsoft adds to the significance of this transaction.
Players
Chicago 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93