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Tristan Thompson Sells Bratenahl, OH Single Family Home For $2.5M

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Meredith BabelEileen Clegg McKeon

$2,500,000

SOLD
$2,500,000
Eileen Clegg McKeon

Ohio

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Single Family Residence8,914 SF
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Meredith BabelEileen Clegg McKeon

$2,500,000

SOLD

Tristan Thompson Sells Bratenahl, OH Single Family Home For $2.5M

120 Lakehurst Drive

See Similar Deals
Single Family Residence8,914 SF
Sold
Eileen Clegg McKeon
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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.

Players

1 deal$2.5M volume
BROKER

Meredith Babel
1 deal$2.5M volume
BROKER

Details

SOLD
IMAGE: Meredith Babel, Tristan Thompson & Eileen Clegg McKeon DATE: 04/01/2021 ADDRESS: 120 Lakehurst Dr MARKET: Bratenahl, OH ASSET TYPE: Single Family SELLER: Tristan Thompson BUYER'S REP: Eileen Clegg McKeon & Meredith Babel - Howard Hanna SELLER'S REP: Linda Musarra - Chestnut Hill Realty, Inc. PRICE: $2,500,000

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Deal Type
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