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943 Mccormick Drive

Coldwell Banker Represents Buyer In $1.795M Lake Forest Single Family Sale
SOLDSingle Family

Coldwell Banker Represents Buyer In $1.795M Lake Forest Single Family Sale

943 Mccormick Drive

$1,795,000

$341/SF

Building Size

5,264 SF

Asset Type

Single Family

Closing

Feb 20, 2024

AI

The single-family property located at 943 McCormick Drive in Lake Forest was recently sold for $1,795,000. Spanning 5,264 square feet, the property was sold at a price per square foot of $341.

Summary of transation details:

Victoria Waliczek from Coldwell Banker represented the buyer in this transaction, while Ann Lyon from Ann Lyon Properties represented the seller. Congrats to both parties on the successful sale!

Players

Ann Lyon

At Properties Commercial

Broker

$49.7M

vol

7 deals

Broker

Lake Forest 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

8.84%

Cash-on-Cash

-2.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93