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91 Monhegan Avenue

Updated Oct 29, 2024

Berkshire Hathaway Home Services Van Der Wende Associates Acquires SFR In Oakland For $975K
SOLDCo-Op

Berkshire Hathaway Home Services Van Der Wende Associates Acquires SFR In Oakland For $975K

91 Monhegan Avenue

$975,000

$29/SF

Building Size

32,670 SF

Asset Type

Co-Op

Closing

Jul 12, 2022

About this deal

AI

A single-family residential property located at 91 Monhegan Avenue in Oakland has been sold for a price of $975,000. The property spans approximately 32,670 square feet, resulting in a price per square foot of $30. The transaction took place on December 7, 2022, and was facilitated by Kelsi Benanti and Jason Eckert of Prominent Properties Sotheby's International Realty, representing the seller. On the buyer's side, Rob Van Der Wende and Alexa Benavente of Berkshire Hathaway Home Services Van Der Wende Associates served as the buyer's representatives.

Summary of transation details

  • Property Type: Single-Family Residential
  • Transaction Amount: $975,000
  • Address: 91 Monhegan Avenue, Oakland
  • Market: Oakland

The buyer's representatives, Rob Van Der Wende and Alexa Benavente from Berkshire Hathaway Home Services Van Der Wende Associates, played a key role in facilitating the transaction. On the other side, Kelsi Benanti and Jason Eckert from Prominent Properties Sotheby's International Realty represented the seller. The deal was successfully closed with a selling price of $975,000 for the single-family residential property located at 91 Monhegan Avenue in Oakland.

Players

Kelsi Benanti

Sotheby's International Realty

Broker

$5M

vol

3 deals

Broker

Oakland Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $29 per square foot on a published $975K for 32,670 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.27%

Cash-on-Cash

-4.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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