Michaela Keszler & Madeline Hult Elghanayan Broker $28.8M Sale Of 3.32 Acre SFR On Meadow Lane, Southampton
SOLD
$28,800,000
Single Family Residence3,727 SF
Sold 05/17/2020
SOLD
Michaela Keszler & Madeline Hult Elghanayan Broker $28.8M Sale Of 3.32 Acre SFR On Meadow Lane, Southampton
Meadow Lane, 1210 Meadow Ridge Lane, South Jordan, UT, USA
See Similar DealsSingle Family Residence3,727 SF
Sold 05/17/2020
Summary
UTAH
Asset Type:Single Family Residence
Price Per Square Foot:$7,727
Total Square Footage:3,727 SF
Transaction Type:Sale
A property located at 1210 Meadow Lane in Southampton has been sold for a price of $28,800,000. This single-family residence sits on 3.32 acres of land and spans a total of 3,727 square feet. The transaction took place on May 17, 2021 in the Meadow Lane market, known for its beautiful beaches.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $28,800,000
- ACRES: 3.32
- SF: 3,727
- Market: Meadow Lane, Southampton
The sale of this property was facilitated by brokers Michaela Keszler and Madeline Hult Elghanayan, representing EHamptons and Douglas Elliman respectively. Their expertise and knowledge in the market played a crucial role in successfully closing this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,536,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$102,320.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$136,526.69
Annual Debt Service$1,638,320.32
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