Updated Sep 9, 2024
Colin Powell Sells Mclean, VA Single Family Home For $2.8M With Buyer's Rep Diane Lewis
1317 Ballantrae Farm Drive
$2,800,000
$472/SF
Building Size
5,929 SF
Asset Type
Single Family
Closing
Dec 5, 2022
About this deal
AI
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.
Players
McLean Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $472 per square foot on a published $2.8M for 5,929 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93