Steve & Elizabeth Rosenberg Acquire $3.25M Marco Island Condo From Melvin Douglas & Laurie R Willerding, Represented By Chris Sullivan - Re/Max
970 Cape Marco Drive
$3,250,000
$692/SF
Building Size
4,694 SF
Asset Type
Condo
Closing
Jan 9, 2024
About this deal
AI
Located in Marco Island, this condo at 970 Cape Marco Drive recently changed hands in a closed transaction. The property spans 3,110 square feet, offering a spacious living area for its new owners. The sale price for this condo was $3,250,000, resulting in a price per square foot of $1,045.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,250,000
- Address: 970 Cape Marco Drive
- Market: Marco Island
Steve and Elizabeth Rosenberg purchased the condo from Melvin Douglas and Laurie R Willerding. Representing the sellers in this transaction was Chris Sullivan from Re/Max.
Players
Marco Island Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
Visit Chris Sullivan to view all their deals.
Browse Marco Island condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93