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3731 Battersea Rd

Jim Tolpin Acquires SFR In Coconut Grove For $1.725M With Buyer's Rep Lisa Blake & Samar Abul
SOLD

Jim Tolpin Acquires SFR In Coconut Grove For $1.725M With Buyer's Rep Lisa Blake & Samar Abul

3731 Battersea Rd

Building Size

Asset Type

Closing

Jul 29, 2022

AI

A single-family residence located at 3731 Battersea Rd in Coconut Grove has been sold. The property boasts 1,578 square feet of living space. The transaction occurred on July 29, 2022, with a sale price of $1,725,000. This equates to a price per square foot of $1,093.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $1,725,000
  • Market: Coconut Grove
  • Address: 3731 Battersea Rd
  • Buyer: Jim Tolpin
  • Seller: Diana Dornquast
  • Buyer's Rep: Lisa Blake & Samar Abul - Villazzo LLC
  • Seller's Rep: Carol Pawley & Clayton Pawley - Slesnick & Jochem, LLP
  • Square Footage: 1,578
  • Price per Square Foot: $1,093

Lisa Blake and Samar Abul, representing Villazzo LLC, assisted Jim Tolpin in the transaction as the buyer's representatives. On the other side, Carol Pawley and Clayton Pawley, from Slesnick & Jochem, LLP, acted as the seller's representatives. This team of professionals helped facilitate the successful sale of the property.

Players

Jim Tolpin

Buyer

$1.7M

vol

2 deals

Buyer

Diana Dornquast

Seller

$1.7M

vol

2 deals

Seller

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

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