Geeta Handa & Kushal Handa Purchase SFR In Fort Lauderdale, FL For $3.65M
3502 Derby Lane, Weston, Florida 33331, United States
$3,650,000
$477/SF
Building Size
7,647 SF
Asset Type
—
Closing
Mar 15, 2022
About this deal
AI
The property involved in this closed transaction is a single-family residence located at 3502 Derby Ln in Fort Lauderdale, FL. The transaction was a sale and took place on March 16, 2022. The property was purchased by Geeta Handa and Kushal Handa from the seller Camargo De Fernando.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $3,650,000
- Address: 3502 Derby Ln, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
Geeta Handa and Kushal Handa were the buyers in this transaction, while Camargo De Fernando was the seller.
Players
Weston 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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93