By Carolyn Manrique
02 Sep 2024, 11:29 AM EDT
The property they talked so much about finding in Beverly Hills, California, is only causing problems for Jennifer Lopez and Ben Affleck. The recently separated couple hopes to sell the mansion for $68 million, but specialized media see this as impossible.
Recently, a real estate investor claimed that the cost of the property will only bring losses to the Hollywood stars, as he claims that the residence is overpriced and in a bad location.
Now, ‘Realtor.com’ has made calculations that reveal the expenses generated by the mansion and which Affleck and Lopez must take care of while they do not find a new owner for the residence.
According to ‘Realtor.com’, the property on Wallingford Dr. in Beverly Hills is worth $476,000 in taxes per year. That’s $40,000 a month. Affleck and Lopez also have to pay off the $20 million mortgage they took out last summer when they bought the house.
The mortgage payment is said to be around $200,000 per month.
Although the real estate investor claims that the mansion is in a bad location, the residents of Wallingford Dr. are responsible for a monthly fee of $667. This fee must continue to be paid even if neither of them is living in the residence.
Other monthly payments are related to the security of the property and its maintenance. ‘Realtor.com’ estimates that these services can cost $340,000 dollars a year or $28,333 dollars a month.
It should be noted that the property includes a main house with 38,000 square feet of living space spread across 12 bedrooms and 24 bathrooms. The main house is said to include only seven bedrooms, 15 bathrooms, a foyer, living room, great room, dining room, kitchen, laundry room and other amenities.
Continue reading:
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• Ben Affleck’s spokesperson clears up rumors of romance between the actor and Kick Kennedy
• Jennifer Lopez would have done everything possible to ensure Ben Affleck’s happiness