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Alex Smith Sells Single Family Property In McLean, VA For $5.8M

Property Image
SOLD
$5,800,000

Virginia

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Single Family Residence6,340 SF
Sold 12/27/2021
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Property Image
SOLD

Alex Smith Sells Single Family Property In McLean, VA For $5.8M

McLean, Virginia, United States

See Similar Deals
Single Family Residence6,340 SF
Sold 12/27/2021
Contact now

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.

Players

Toby Lim
1 deal$5.8M volume
BROKER

Mark McFadden
Compass
1 deal$5.8M volume
BROKER

Alex Smith
8 deals$108.3M volume
SELLER

Details

SOLD
IMAGE: Alex Smith, Toby Lim & Mark McFadden DATE: 12/27/2021 MARKET: McLean, VA, ASSET TYPE: Single Family ~ ACRES: 2 SELLER: Alex Smith BROKERS: Toby Lim & Mark McFadden - Compass SALE PRICE: $5,800,000 SF: 6,340 ~ PPSF: $915

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Deal Type
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
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