Coldwell Banker Represents Buyer In $1.795M Lake Forest Single Family Sale
SOLD
$1,795,000
Illinois
See Similar DealsSingle Family5,264 SF
Sold 02/20/2024
SOLD
Coldwell Banker Represents Buyer In $1.795M Lake Forest Single Family Sale
943 Mccormick Drive
See Similar DealsSingle Family5,264 SF
Sold 02/20/2024
Summary
ILLINOIS
Asset Type:Single Family
Price Per Square Foot:$341
Total Square Footage:5,264 SF
Transaction Type:Sale
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:
- Property Type: Single Family
- Transaction Amount: $1,795,000
- Address: 943 McCormick Drive
- Market: Lake Forest
- Buyer's Rep: Victoria Waliczek - Coldwell Banker
- Seller's Rep: Ann Lyon Properties
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!
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$95,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,377.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,509.22
Annual Debt Service$102,110.59
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