Premier Sotheby’s International Realty Sells Sarasota SFR For $6.8M
1199 Westway Dr, Sarasota, FL 34236, USA
$6,825,000
$121/SF
Building Size
56,400 SF
Asset Type
Single Family Residence
Closing
Aug 30, 2020
AI
A single-family residential property located at 1199 Westway Dr in Sarasota has been sold for a price of $6,825,000. The property spans across an area of 5,640 square feet, resulting in a price per square foot of $1,210.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,825,000
- Address: 1199 Westway Dr
- Market: Sarasota
- Square Footage: 5,640
- Price per Square Foot: $1,210
- Brokers: Lisa Morris & Cheryl Loeffler – Premier Sotheby’s International Realty
Lisa Morris and Cheryl Loeffler from Premier Sotheby's International Realty represented the parties involved in this transaction.
Players
Sarasota 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
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93