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Janice Lesser Acquires SFR In Coral Gables For $2.85M

Property Image
SOLD
$2,850,000

Florida

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Co-Op3,851 SF
Sold 01/17/2023
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Property Image
SOLD

Janice Lesser Acquires SFR In Coral Gables For $2.85M

1405 Country Club Prado

See Similar Deals
Co-Op3,851 SF
Sold 01/17/2023
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Summary

FLORIDA
Asset Type:Co-Op
Price Per Square Foot:$740
Total Square Footage:3,851 SF
Transaction Type:Sale

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

Katherine Jattin
1 deal$2.9M volume(786) 597-1989
BROKER

Details

SOLD
IMAGE: Katherine Jattin DATE: 01/17/2023 ADDRESS: 1405 Country Club Prado MARKET: Coral Gables ASSET TYPE: SFR BUYER: Janice Lesser SELLER: Robert & Olga Pentagine BUYER'S REP: Katherine Jattin (@Kj_FloridaRealtor) (@homerungroup) - Avanti Way Realty (@avantiway) ASKING PRICE: $2,997,500 SALE PRICE: $2,850,000 SF: 3,851 ~ PPSF: $740

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

$151,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,125.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,510.45
Annual Debt Service$162,125.45