Updated Oct 29, 2024
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
Oakland Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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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