Gene Simmons Sells Single Family Home In Henderson, Nevada For $11M
SOLD
$11,000,000
National
See Similar DealsSingle Family10,871 SF
Sold 03/21/2023
SOLD
Gene Simmons Sells Single Family Home In Henderson, Nevada For $11M
Single Family10,871 SF
Sold 03/21/2023
Summary
Asset Type:Single Family
Price Per Square Foot:$1,011
Total Square Footage:10,871 SF
Transaction Type:Sale
The property involved in this transaction is a Single Family home located in Henderson, Nevada. The property is owned by Gene Simmons and was recently sold for $11,000,000. The home spans 10,871 square feet and has a price per square foot of $1,012.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,000,000
- Market: Henderson, Nevada
- Seller: Gene Simmons
- Buyer's Representative: Christopher Logan - Realty ONE Group, Inc
- Seller's Representative: Ivan Sher - IS Luxury
- Square Footage: 10,871
- Price per Square Foot: $1,012
Christopher Logan from Realty ONE Group, Inc represented the buyer in this transaction. Ivan Sher from IS Luxury served as the seller's representative. The deal was closed on 03/21/2023.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,080.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,145.61
Annual Debt Service$625,747.34
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