Updated Dec 20, 2023
Premier Sotheby's Acquires Naples SFR For $5.65M
1060 Galleon Dr, Naples, FL 34102, USA
$5,650,000
$148/SF
Building Size
38,000 SF
Asset Type
Single Family Residence
Closing
Jul 20, 2020
About this deal
AI
This article highlights a recent closed property transaction in Naples. The property in question is located at 1060 Galleon Drive and is classified as a Single Family Residential (SFR) asset. The transaction took place on 07/21/2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,650,000
- Square Footage: 3,800
- Price per Square Foot: $1,487
- Market: Naples
The property was represented by Michael Lawler from Premier Sotheby’s International Realty. As the broker, Michael Lawler played a key role in facilitating the sale of the property.
Naples Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $148 per square foot on a published $5.7M for 38,000 square feet (2020).
Visit Michael Lawler to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93