Tristan Thompson Sells Bratenahl, OH Single Family Home For $2.5M
$2,500,000
SOLD
$2,500,000
Single Family Residence8,914 SF
Sold
$2,500,000
SOLD
Tristan Thompson Sells Bratenahl, OH Single Family Home For $2.5M
120 Lakehurst Drive
See Similar DealsSingle Family Residence8,914 SF
Sold
Summary
OHIO
Asset Type:Single Family Residence
Price Per Square Foot:$280
Total Square Footage:8914 SF
Transaction Type:Sale
The property involved in the transaction is a single-family home located at 120 Lakehurst Dr, Bratenahl, OH. The transaction amount for this property was $2,500,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,500,000
- Seller: Tristan Thompson
- Buyer’s Representative: Eileen Clegg McKeon & Meredith Babel - Howard Hanna
- Seller’s Representative: Linda Musarra - Chestnut Hill Realty, Inc.
- Date of Sale: 04/01/2021
This transaction featured prominent individuals in the representation roles. Eileen Clegg McKeon and Meredith Babel served as buyer’s representatives from Howard Hanna, while Linda Musarra represented the seller, Tristan Thompson, through Chestnut Hill Realty, Inc.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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