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
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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