Updated Sep 9, 2024
Berkshire Hathaway HomeServices SFR Sale In Summerfield, NC For $3.5M
7691 Deboe Road Summerfield, North Carolina 27358, USA
$3,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jun 29, 2023
About this deal
AI
A single-family residential property located at 7691 Deboe Road in Summerfield, NC, was sold for $3,500,000. The property features a spacious layout and is situated in the desirable market of Summerfield.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,500,000
- Address: 7691 Deboe Road, Summerfield, NC
- Market: Summerfield, NC
- Buyer's Representative: Gerald Mack - The Virtual Realty Group
- Seller's Representative: Deesha Sunnassee - Berkshire Hathaway HomeServices
Gerald Mack from The Virtual Realty Group represented the buyer in this transaction, while Deesha Sunnassee, a broker from Berkshire Hathaway HomeServices, acted as the seller's representative. Both parties were able to negotiate a successful sale, resulting in the transfer of ownership for the property.
Players
Summerfield 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93