Updated Dec 21, 2023
Connect Realty Represents Sale Of Single-Family Property In The Woodlands For $5M
34 E Shore Dr, The Woodlands, TX 77380, Estados Unidos
Building Size
8,400 SF
Asset Type
Single Family Residence
Closing
Oct 15, 2020
About this deal
AI
A single-family property located at 34 East Shore Drive in The Woodlands has been sold for $5,000,000. The property spans 8,400 square feet, resulting in a price per square foot of $595. This transaction took place on October 16, 2020. Kevin Spearman from Connect Realty represented the seller, while the buyer was represented by Rebecca Drake from RE/MAX The Woodlands & Spring.
Summary of transaction details:
- Property Type: Single-Family
- Transaction Amount: $5,000,000
- Address: 34 East Shore Drive
- Market: The Woodlands
- Square Footage: 8,400
- Price per Square Foot: $595
- Seller's Representative: Kevin Spearman - Connect Realty
- Buyer's Representative: Rebecca Drake - RE/MAX The Woodlands & Spring
Kevin Spearman from Connect Realty served as the seller's representative in this transaction, while the buyer was assisted by Rebecca Drake from RE/MAX The Woodlands & Spring.
Players
The Woodlands Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93