Tom Waddle & Cara Waddle Purchase Long Grove Mansion For $1.5M
4737 Wellington Drive
$1,500,000
Building Size
—
Asset Type
Single Family
Closing
Nov 1, 2023
AI
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
Long Grove Single Family Market Snapshot
Boundary boundary · Single Family · 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