Lowell Deeds

The latest on real estate recordings and new technology from the Middlesex North Registry of Deeds in Lowell

October 2, 2006

$479,640.42 per mth

by @ 9:20 am. Filed under Real Estate

Who said housing prices are falling?… This morning the Associated Press reported that three wealthy owners are asking nine figure prices for their luxury homes…yes, nine figures, as in $100,000,000 or more. I’ll bet you can guess one of them?… right!,America’s favorite boss, Donald Trump. Trump’s mansion has 475 feet of ocean frontage and
24 karat gold fixtures in the bathrooms…the price $125,000,000…a little steep for my blood. Saudi Prince Bandar is selling the second nine figure home…located in Aspen, Colorado it boasts 56,000 square feet of living space (about two football fields) and sits on 95 acres…what?, of course, it has its own gas pumps and car wash…price $135,000,000. I see, Trump (you’re fired) and the Prince are a little pricey. How about this one?… Owned by Tommy Hilfiger executive, Joel Horowitz this 38,000 square foot home sits on 210 acres in the Lake Tahoe area. One of the homes many amenities is a spiral staircase, a replica of the one on the Titanic and it has two golf courses…Joel will let this baby go for a bargain…$100,000,000.
Try to digest this one: Sale price 100,000,000; 20% downpayment ($20,000,000); Interest rate 6%…payment $479,640.42 per month…oh yeah, this doesn’t include taxes.

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