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Christine Baumgartner lease...

Updated Nov 4, 2023

Christine Baumgartner Leases $40,000/month SFR In Montecito
LEASEDSingle Family Residence

Christine Baumgartner Leases $40,000/month SFR In Montecito

$40,000

$40,000/SF

Building Size

3,500 SF

Asset Type

Single Family Residence

Closing

Sep 5, 2023

About this deal

AI

Christine Baumgartner, the estranged wife of Kevin Costner, has recently moved into a luxurious rental property located in Montecito, California. This stunning single-family residence (SFR) is situated in a desirable market known for its exclusivity and high-end properties.

Summary of transation details

  • Property Type: Single-Family Residence (SFR)
  • Asking Rent: $40,000/month
  • Square Footage: 3,500
  • Market: Montecito

Featuring a spacious layout of 3,500 square feet, this rental property offers ample living space for Christine Baumgartner. The property boasts a prime location in Montecito, further enhancing its appeal. Its market value aligns with the exclusivity and prestige associated with the Montecito real estate market.

As Christine Baumgartner settles into her new residence, this high-profile move highlights the luxurious lifestyle and sought-after properties available in Montecito. The property becomes an epitome of elegance and sophistication, encapsulating the charm of the Montecito market.

Players

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Lease transactions

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Deal FAQ

About $40K per square foot on a published $40K for 3,500 square feet (2023).

Browse New York single family residence leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

396.57%

Cash-on-Cash

-113.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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