John Eric Stuck & Michelle St. Clair Stuck Acquire Marco Island Condo For $2.25M
SOLD
$2,250,000
Florida
See Similar DealsCondo2,078 SF
Sold 11/28/2023
SOLD
John Eric Stuck & Michelle St. Clair Stuck Acquire Marco Island Condo For $2.25M
176 South Collier Boulevard
See Similar DealsCondo2,078 SF
Sold 11/28/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,082
Total Square Footage:2,078 SF
Transaction Type:Sale
The condo located at 176 South Collier Boulevard in Marco Island has been sold in a recent transaction. The property features 2,078 square feet of space. The sale price for this condo was $2,250,000, resulting in a price per square foot of $1,083.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,250,000
- Address: 176 South Collier Boulevard, Marco Island
John Eric Stuck and Michelle St. Clair Stuck were the buyers of this condo. The seller of the property was Stella S Benisatto. Chris Sullivan, representing Re/Max, served as the seller's representative in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77
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