Updated Nov 19, 2023
Michael Redd Sells New Albany Single Family Property For $4.5M With Alan Hinson - New Albany Realty As Seller's Rep
New Albany, Ohio, United States
$4,500,000
$450,000/SF
Building Size
10 SF
Asset Type
Single Family Residence
Closing
Apr 12, 2022
About this deal
AI
The property involved in this closed transaction is a single-family home located in New Albany, Ohio. Situated on a spacious 4.4-acre lot, this property offers ample space and privacy.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,500,000
- Square Footage: 10,200
- Price per Square Foot: $441
- Market: New Albany, Ohio
The seller of this property is Michael Redd. Representing the seller in this transaction is Alan Hinson from New Albany Realty.
This transaction took place on 12/04/2022 and involved a sale price of $4,500,000. The property has a total square footage of 10,200, resulting in a price per square foot of $441. The market for this property is situated in New Albany, Ohio.
Players
New Albany Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $450K per square foot on a published $4.5M for 10 square feet (2022).
Browse Ohio single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93