Updated Dec 19, 2023
Premier Sotheby's International Realty Sells Single Family Home In Linville, NC For $29.75M
1907 Flattop Cliffs Drive, Linville, North Carolina 28646, United States
$29,750,000
$5,950/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Oct 5, 2022
About this deal
AI
A single-family property located at 1907 Flattop Cliffs Drive in Linville, NC has been sold for a total transaction amount of $29,750,000. The property spans approximately 5,000 square feet and sold at a price per square foot of $5,950.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $29,750,000
- Address: 1907 Flattop Cliffs Drive
- Market: Linville, NC
Marilyn Wright of Premier Sotheby’s International Realty represented the seller in this transaction.
The single family residence sale at 1907 Flattop Cliffs Drive, Linville, North Carolina 28646, United States in Linville, North Carolina sold for $29.8M in 2022. The building is 5,000 square feet, implying about 6K per square foot on the published price. Marilyn Wright, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Linville, North Carolina file for the 1907 Flattop Cliffs Drive, Linville, North Carolina 28646, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Linville sit in the Market section below. Filter that Linville single family residence set by closing date to see what else sold near 1907 Flattop Cliffs Drive, Linville, North Carolina 28646, United States around 2022. Published consideration for 1907 Flattop Cliffs Drive, Linville, North Carolina 28646, United States is $29.8M, dated 2022. Cite this Premier Sotheby's International Realty Sells Single Family Home In Linville, NC For $29.75M sale when underwriting similar single family residence product around Linville, North Carolina.
Linville Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93