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Barry DeNicola Realty Inc Acquires SFR In Bonita Springs For $4.55M

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SOLD
$4,550,000

Florida

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Single Family Residence4,754 SF
Sold 07/30/2020
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Property Image
SOLD

Barry DeNicola Realty Inc Acquires SFR In Bonita Springs For $4.55M

107 Bonaire Lane, Bonita Springs, FL, USA

See Similar Deals
Single Family Residence4,754 SF
Sold 07/30/2020
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$957
Total Square Footage:4,754 SF
Transaction Type:Sale

A single-family residential property located at 107 Bonaire Lane in Bonita Springs has recently been sold for $4,550,000. The sale was facilitated by Barry DeNicola of Barry DeNicola Realty Inc. The property spans across 4,754 square feet, resulting in a price per square foot of $957.

Summary of transaction details:

  • Property Type: Single-Family Residential
  • Transaction Amount: $4,550,000
  • Address: 107 Bonaire Lane
  • Market: Bonita Springs
  • Broker: Barry DeNicola - Barry DeNicola Realty Inc
  • Square Footage: 4,754
  • Price per Square Foot: $957

This successful transaction represents a noteworthy deal in Bonita Springs. The involvement of Barry DeNicola of Barry DeNicola Realty Inc highlights his expertise in the local real estate market and his role as the representative for the buyer or seller. The sale price and square footage indicate the value of the property in the market.

Players

Barry DeNicola
3 deals$16.5M volume
BROKER

Details

SOLD
IMAGE: Barry DeNicola⁠ DATE: 07/30/2020⁠ ADDRESS: 107 Bonaire Lane⁠ MARKET: Bonita Springs⁠ ASSET TYPE: SFR⁠ BROKER: Barry DeNicola - Barry DeNicola Realty Inc⁠ PRICE: $4,550,000⁠ SF: 4,754⁠ ~ PPSF: $957

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$242,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,165.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,569.32
Annual Debt Service$258,831.86