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Adam Levine & Behati Prinsloo Sell Montecito SFR On 5.16 Acres For $28.5M

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SOLD
$28,500,000

National

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Sold 12/10/2021
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SOLD

Adam Levine & Behati Prinsloo Sell Montecito SFR On 5.16 Acres For $28.5M

Sold 12/10/2021
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Summary

Transaction Type:Sale

Players

4 deals$130.1M volume
SELLER

2 deals$51.2M volume
SELLER

Details

SOLD
IMAGE: @BehatiPrinsloo & @AdamLevine 🎸 🎤 🤩 DATE: 12/10/2021 MARKET: Montecito ASSET TYPE: SFR ~ ACRES: 5.16 SELLER: Adam Levine & Behati Prinsloo SALE PRICE: $28,500,000

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CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,519,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$101,254.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$135,104.54
Annual Debt Service$1,621,254.48