Updated Sep 9, 2024
Sarah Polovitz Sells Single Family Home In Orono, MN To Buyer Represented By David Stickney - Coldwell Banker Realty For $4M
1200 Old Crystal Bay Road Orono, Minnesota 55391, Usa
$4,000,000
$352/SF
Building Size
11,339 SF
Asset Type
Single Family Residence
Closing
Jun 8, 2023
About this deal
AI
The single-family property located at 1200 Old Crystal Bay Road in Orono, MN has been sold for the price of $4,000,000. The property spans over 11,339 square feet, resulting in a price per square foot of $353.
Summary of transaction details
- Property Type: Single Family
- Sale Price: $4,000,000
- Square Footage: 11,339
- Price Per Square Foot: $353
- Address: 1200 Old Crystal Bay Road, Orono, MN
- Market: Orono, MN
In this transaction, the buyer was represented by David Stickney from Coldwell Banker Realty, while Sarah Polovitz from Compass represented the seller.
Players
Orono Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $352 per square foot on a published $4M for 11,339 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93