Janice Lesser Acquires SFR In Coral Gables For $2.85M
1405 Country Club Prado
$2,850,000
$740/SF
Building Size
3,851 SF
Asset Type
Co-Op
Closing
Jan 17, 2023
About this deal
AI
This recently closed transaction in Coral Gables involved the sale of a single-family home located at 1405 Country Club Prado. With a total area of 3,851 square feet, the property showcases its unique charm and desirable features. The transaction was completed on January 17, 2023.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,850,000
- Market: Coral Gables
- Image: Katherine Jattin
- Buyer: Janice Lesser
- Seller: Robert & Olga Pentagine
- Buyer's Rep: Katherine Jattin - Avanti Way Realty
- Asking Price: $2,997,500
- Square Footage: 3,851
- Price per Square Foot: $740
Janice Lesser acted as the buyer in this transaction, acquiring the property from the sellers, Robert & Olga Pentagine. Katherine Jattin, representing Avanti Way Realty, played a crucial role as the buyer's representative throughout the deal. The closing price of the property was $2,850,000, with an asking price of $2,997,500. The transaction was successfully concluded, marking the satisfaction of all parties involved.
Players
Coral Gables Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $740 per square foot on a published $2.9M for 3,851 square feet (2023).
Visit Avanti Way to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93