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The Todd And Nancy Hooper Living Trust Acquires St. Petersburg Single-Family Home For $3.5M

Property Image
SOLD
$3,495,000

Florida

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Sold 04/15/2022
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Property Image
SOLD

The Todd And Nancy Hooper Living Trust Acquires St. Petersburg Single-Family Home For $3.5M

St Petersburg, Florida, United States

See Similar Deals
Sold 04/15/2022
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Summary

FLORIDA
Transaction Type:Sale

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

Carol Fasick-Joyce
3 deals$21.8M volume
BROKER

Alexis Logan
Coldwell Banker
3 deals$21.8M volume
BROKER

Alex Anderson
2 deals$76.9M volume
BROKER

ACRES Capital
LENDER

Details

SOLD
IMAGE: Carol Fasick-Joyce & Alexis Logan DATE: 04/15/2022 MARKET: St. Petersburg ASSET TYPE: Single-Family BUYER: The Todd and Nancy Hooper Living Trust SELLER: John Horrell & Martha Horrell BROKERS: Carol Fasick-Joyce (@FasickJoyce) & Alexis Logan - The Dynasty Group - Coldwell Banker (@Dynasty_LuxuryRealEstate) (@ColdwellBanker) SALE PRICE: $3,495,000 SF: 3,691 ~ PPSF: $947

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$186,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,416.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,568.08
Annual Debt Service$198,817.00