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1311 Bay Dr

Alfons Foschiatti Acquires Normandy Isles SFR For $3.7M With Buyer's Rep Aminata Toure & Seller's Rep Jon Kotler
SOLD

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

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.

Players

Alfons Foschiatti

Buyer

$3.7M

vol

2 deals

Buyer

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