Updated Sep 9, 2024
Marcello Fabbri Represents Seller In $1.35M Sale Of Wellington SFR
12111 Areaca Drive, Wellington, FL, USA
$1,350,000
$322/SF
Building Size
4,190 SF
Asset Type
Single Family Residence
Closing
Jul 29, 2020
About this deal
AI
A single-family home located at 12111 Areaca Dr in Wellington was recently sold for $1,350,000. The property, measuring approximately 4,190 square feet, boasts a price per square foot of $322. The transaction took place on July 29, 2021, with Marcello Fabbri representing the seller. The asking price for the home was $1,295,000.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $1,350,000
- Address: 12111 Areaca Dr, Wellington
- Market: Wellington
- Square Footage: 4,190
- Price per Square Foot: $322
Marcello Fabbri acted as the seller's representative in this real estate transaction.
Players
Wellington 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93