The Todd And Nancy Hooper Living Trust Acquires St. Petersburg Single-Family Home For $3.5M
St Petersburg, Florida, United States
$3,495,000
Building Size
—
Asset Type
—
Closing
Apr 14, 2022
About this deal
AI
The single-family property located in St. Petersburg was recently sold in a transaction that took place on April 15, 2022, by John Horrell & Martha Horrell. The property was purchased by The Todd and Nancy Hooper Living Trust for a total sale price of $3,495,000. The property spans across 3,691 square feet, resulting in a price per square foot of $947.
Summary of transaction details:
- Property Type: Single-Family
- Transaction Amount: $3,495,000
- Market: St. Petersburg
- Buyer: The Todd and Nancy Hooper Living Trust
- Seller: John Horrell & Martha Horrell
- Brokers: Carol Fasick-Joyce & Alexis Logan - The Dynasty Group - Coldwell Banker
- Square Footage: 3,691
The sale of this property was facilitated by the brokers Carol Fasick-Joyce and Alexis Logan from The Dynasty Group, in partnership with Coldwell Banker. Their expertise and guidance played a vital role in successfully closing this transaction.
Players
Saint Petersburg 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
4.54%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93