Updated Feb 5, 2025
Sylvio Ribas Acquires SFR In Parkland, Florida For $1.32M
10785 Passage Way, Parkland, Florida 33076, United States
$1,320,000
$322/SF
Building Size
4,095 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2022
About this deal
AI
Located at 10785 Passage Way in Parkland, Florida, this single-family home was sold in a recent transaction. The property, with a total area of 4,095 square feet, was purchased by Sylvio Ribas from the seller, lennar'>lennar'>lennar'>Lennar Company. Deal Flow Realty LLC represented both parties in the deal, with Patricia Villati acting as the broker. The sale price for this property was $1,320,000, resulting in a price per square foot of $322.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,320,000
- Address: 10785 Passage Way, Parkland, Florida
- Seller: lennar'>lennar'>lennar'>Lennar Company
- Buyer: Sylvio Ribas
- Broker: Patricia Villati - Deal Flow Realty LLC
This transaction showcases the collaboration of the buyer, Sylvio Ribas, the seller, lennar'>lennar'>lennar'>Lennar Company, and the broker, Patricia Villati from Deal Flow Realty LLC. They successfully completed the sale of this residential property in Parkland, Florida with a total floor area of 4,095 square feet. The price per square foot for this transaction is $322.
Players
Parkland Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $322 per square foot on a published $1.3M for 4,095 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.02%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93