Roddy Ricch Acquires Beverly Hills SFR For $5.6M With Broker Stephen Sweeney (SGS Estates)
SOLD
$5,600,000
National
See Similar DealsSold 12/21/2021
SOLD
Roddy Ricch Acquires Beverly Hills SFR For $5.6M With Broker Stephen Sweeney (SGS Estates)
Sold 12/21/2021
Summary
Transaction Type:Sale
An SFR property with 0.87 acres of land located in the Beverly Hills market has been sold in December 2021. The property, with a total square footage of 3,456, was sold for a price of $5,600,000, resulting in a price per square foot of $1,620.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $5,600,000
- Market: Beverly Hills
- Acres: 0.87
The buyer of the property is Roddy Ricch, a well-known rapper and artist. The transaction was facilitated by broker Stephen Sweeney from SGS Estates, who represented Oak Brook Realty.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$298,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,546.86
Annual Debt Service$318,562.28
Is there something missing? Send suggestions