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1104 Ferdinand Street, Cora...

James Hall & Christine Nye Trust Acquires SFR In Coral Gables For $1,960,000
SOLDSingle Family Residence

James Hall & Christine Nye Trust Acquires SFR In Coral Gables For $1,960,000

1104 Ferdinand Street, Coral Gables, Florida 33134, United States

$1,960,000

$847/SF

Building Size

2,314 SF

Asset Type

Single Family Residence

Closing

Mar 30, 2022

AI

A single-family home located at 1104 Ferdinand St in Coral Gables recently sold for a price of $1,960,000. The property spans approximately 2,314 square feet, resulting in a price per square foot of $847. The sale was completed on March 31, 2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,960,000
  • Address: 1104 Ferdinand St
  • Market: Coral Gables

The buyer of the property was the James Hall & Christine Nye Trust, while the seller was the Simon Fadel Living Trust. Representing the buyer was Carolina Friedhoff from Coldwell Banker Realty, while Simon Fadel of FPG Advising LLC represented the seller.

Players

Carolina Friedhoff

Coldwell Banker

Broker

$2M

vol

1 deal

Broker
T
TrustBuyer
T
TrustBuyer
Simon Fadel

Simon Fadel

Living Trust

Seller

$14M

vol

3 deals

Seller

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.09%

Cash-on-Cash

-2.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93