Alex Smith Sells Single Family Property In McLean, VA For $5.8M
SOLD
Virginia
See Similar DealsSingle Family Residence6,340 SF
Sold 12/27/2021
SOLD
Alex Smith Sells Single Family Property In McLean, VA For $5.8M
McLean, Virginia, United States
See Similar DealsSingle Family Residence6,340 SF
Sold 12/27/2021
Summary
VIRGINIA
Asset Type:Single Family Residence
Price Per Square Foot:$914
Total Square Footage:6,340 SF
Transaction Type:Sale
The single-family property located in McLean, VA has been sold for a total price of $5,800,000. The property encompasses an area of 2 acres and boasts a spacious interior spanning 6,340 square feet. With a price per square foot of $915, this property offers a remarkable investment opportunity for the new owner.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,800,000
- Market: McLean, VA
- Asset Type: Single Family
- Acres: 2
The seller of this property is Alex Smith. The transaction was facilitated by Toby Lim and Mark McFadden, who represent Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$309,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,606.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,494.96
Annual Debt Service$329,939.51
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