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Connie Britton buys Santa M...

Connie Britton Acquires Santa Monica Single Family For $5.6M
SOLDSingle Family

Connie Britton Acquires Santa Monica Single Family For $5.6M

$5,600,000

$1,553/SF

Building Size

3,604 SF

Asset Type

Single Family

Closing

Feb 24, 2023

AI

Connie Britton and David E. Windsor have purchased a Single Family home in Santa Monica. The property, with a total of 3,604 square feet, was sold for $5,600,000. It is located in the desirable market of Santa Monica and sits on a lot measuring 8,036 square feet. The price per square foot for the property is $1,554.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,600,000
  • Square Feet: 3,604
  • Price per Square Foot: $1,554
  • Lot Square Feet: 8,036
  • Price per Lot Square Foot: $697

The buyers, Connie Britton and David E. Windsor, were represented by Laurence Young and Linda London from Berkshire Hathaway HomeServices California. The sellers were represented by Kate Bransfield from Coldwell Banker Realty.

Players

Kate Bransfield

Coldwell Banker

Broker

$7.1M

vol

2 deals

Broker

Market 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

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93