Marcello Fabbri Represents Seller In $1.35M Sale Of Wellington SFR
SOLD
$1,350,000
Florida
See Similar DealsSingle Family Residence4,190 SF
Sold
SOLD
Marcello Fabbri Represents Seller In $1.35M Sale Of Wellington SFR
12111 Areaca Drive, Wellington, FL, USA
See Similar DealsSingle Family Residence4,190 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$322
Total Square Footage:4190 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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