Updated May 12, 2025
Tristan Thompson Sells Bratenahl, OH Single Family Home For $2.5M
120 Lakehurst Drive
$2,500,000
$280/SF
Building Size
8,914 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2021
About this deal
AI
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
Cleveland Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $280 per square foot on a published $2.5M for 8,914 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93