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Colin Powell Sells Mclean, VA Single Family Home For $2.8M With Buyer's Rep Diane Lewis
SOLD
Virginia
See Similar DealsSingle Family5,929 SF
Sold
SOLD
Colin Powell Sells Mclean, VA Single Family Home For $2.8M With Buyer's Rep Diane Lewis
1317 Ballantrae Farm Drive
See Similar DealsSingle Family5,929 SF
Sold
Summary
VIRGINIA
Asset Type:Single Family
Price Per Square Foot:$472
Total Square Footage:5929 SF
Transaction Type:Sale
Located at 1317 Ballantrae Farm Dr in Mclean, VA, this single-family home was recently sold in a closed transaction. The property spans 5,929 square feet and was sold for $2,800,000, resulting in a price per square foot of $472.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,800,000
- Address: 1317 Ballantrae Farm Dr, Mclean, VA
- Square Footage: 5,929
- Seller: Colin Powell
- Seller's Representative: Francesca Keith - Avery-Hess, REALTORS
- Buyer's Representative: Diane Lewis - Washington Fine Properties, LLC
Diane Lewis from Washington Fine Properties, LLC represented the buyer in this transaction. Francesca Keith, an agent from Avery-Hess, REALTORS, represented the seller, Colin Powell.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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