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Jonathan And Teresa Reynolds Sell Coastal Farmhouse In Geneva For $4.85M With Meg Whitted's Representation
SOLD
$4,850,000
Illinois
See Similar DealsSingle Family5,869 SF
Sold 01/21/2025
SOLD
Jonathan And Teresa Reynolds Sell Coastal Farmhouse In Geneva For $4.85M With Meg Whitted's Representation
834 Sunset Road
See Similar DealsSingle Family5,869 SF
Sold 01/21/2025
Summary
ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$826
Total Square Footage:5,869 SF
Transaction Type:Sale
A single-family home located at 834 Sunset Road in Geneva has sold for $4,850,000. The property encompasses 5,869 square feet on 1 acre of land. This transaction sets a Kane County residential sales record.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,850,000
- Address: 834 Sunset Road
- Market: Geneva
- Square Footage: 5,869
- Price Per Square Foot: $826
- Seller: Jonathan & Teresa Reynolds
- Broker: Meg Whitted - Baird & Warner - Fox Valley
The sellers, Jonathan and Teresa Reynolds, utilized the proceeds from this sale to acquire a nearby vintage Mission Revival-style mansion valued at $1.75 million.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$258,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,231.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,991.47
Annual Debt Service$275,897.69
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