Updated Dec 21, 2023
Devdas Suvarna Acquires SFR On Old Cutler Road In Coral Gables, FL
10400 Old Cutler Road, Miami, FL 33156, USA
$4,950,000
$653/SF
Building Size
7,570 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2020
About this deal
AI
A single-family home located at 10400 Old Cutler Road in Coral Gables, FL has been sold for $4,950,000. The property spans 7,570 square feet, resulting in a price per square foot of $654. The transaction took place on June 1, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,950,000
- Square Footage: 7,570
- Address: 10400 Old Cutler Road, Coral Gables, FL
- Market: Coral Gables, FL
The buyer, Devdas Suvarna, acquired the property from sellers Enrique Barreto and Ilaria Belloni. Renier Casanova represented the buyer, while Ilaria Belloni herself acted as the seller's representative.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $653 per square foot on a published $5M for 7,570 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93