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Tom Waddle & Cara Waddle Purchase Long Grove Mansion For $1.5M
SOLD
$1,500,000
Illinois
See Similar DealsSingle Family
Sold 11/01/2023
SOLD
Tom Waddle & Cara Waddle Purchase Long Grove Mansion For $1.5M
4737 Wellington Drive
See Similar DealsSingle Family
Sold 11/01/2023
Summary
ILLINOIS
Asset Type:Single Family
Transaction Type:Sale
The property involved in the transaction is a 6,818-square-foot Single Family home located at 4737 Wellington Drive in Long Grove. The house sits on 0.83 acres and was sold for $1,500,000. The buyers of this property are Cara Waddle and Tom Waddle.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,500,000
- Address: 4737 Wellington Drive
- Market: Long Grove
Mona Hellinga from Berkshire Hathaway HomeServices Chicago served as the buyer's representative, while Van Ann Kim from Compass represented the seller. Tom Waddle, a former Chicago Bears player, and his wife, Cara, purchased this Long Grove mansion after selling their Lake Forest property for $3.1 million.
Players
BROKERAGE
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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