Robin Phelps & Anne Kearns Sell 26-acre Single Family Property In St. Charles, IL. RE/MAX Professionals Represents Buyer
St. Charles, IL, USA
$2,400,000
$141/SF
Building Size
17,000 SF
Asset Type
Single Family Residence
Closing
Sep 3, 2021
AI
Anne Kearns & Robin Phelps Properties have closed a successful transaction in St. Charles, Il, involving a single-family property on a spacious 26-acre lot. The property, owned by Melissa Butcher and Jon D. Butcher of Precious Moments, was sold for a total price of $2,400,000. With an impressive size of 17,000 square feet, the property offers ample space for comfortable living. The price per square foot was calculated at $141, providing insight into the value of this remarkable estate.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $2,400,000
- Market: St. Charles, Il
- Acres: 26
- Seller: Melissa Butcher; Jon D. Butcher - Precious Moments
- Buyer's Representative: Marcin Tendera - RE/MAX Professionals
- Seller's Representative: Anne Kearns & Robin Phelps Properties
- Square footage: 17,000
- Price per square foot: $141
This deal was made possible with the assistance of Marcin Tendera, representing the buyer from RE/MAX Professionals, and Anne Kearns & Robin Phelps Properties, who served as the seller's representatives. Their expertise and negotiation skills were instrumental in finalizing this successful transaction. Congratulations to all parties involved!
Players
Saint Charles 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93