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1907 Flattop Cliffs Drive, ...

Premier Sotheby's International Realty Sells Single Family Home In Linville, NC For $29.75M
SOLDSingle Family Residence

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

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.

Players

Marilyn Wright

Sotheby's International Realty

Broker

$45.6M

vol

2 deals

Broker

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