David & Kathy Nateman Acquires SFR In Coral Gables For $1.4M
5105 Alhambra Circle
$1,400,000
$739/SF
Building Size
1,893 SF
Asset Type
MultiFamily
Closing
Dec 12, 2022
AI
The property involved in this transaction is a single-family home located at 5105 Alhambra Circle in Coral Gables. It was sold for a price of $1,400,000. The home has a total square footage of 1,893, resulting in a price per square foot of $740.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,400,000
- Market: Coral Gables
- Address: 5105 Alhambra Circle
In this transaction, the buyer was David & Kathy Nateman, while the seller was Frances & David Jellen. Representing both the buyer and the seller was Esther Prat from Florida Capital Realty.
Players
Coral Gables MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93