Alfons Foschiatti Acquires Normandy Isles SFR For $3.7M With Buyer's Rep Aminata Toure & Seller's Rep Jon Kotler
1311 Bay Dr
Building Size
—
Asset Type
—
Closing
Aug 1, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 1311 Bay Dr in Normandy Isles. The property spans 3,074 square feet and was sold for a total of $3,700,000, resulting in a price per square foot of $1,204.
Summary of transaction details:
- Property Type: SFR (Single Family Residence)
- Transaction Amount: $3,700,000
- Address: 1311 Bay Dr
- Market: Normandy Isles
The buyer in this transaction is Alfons Foschiatti. Representing the buyer is Aminata Toure from EXP Realty. On the seller's side, Jon Kotler from Keller Williams Elite Properties represented the seller.
On the Map
Players
Tallahassee CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93