Kim Ogilvie & Brian Loebker Acquire Sarasota SFR For $6.45M
1221 Hillview Drive, Sarasota, FL, USA & 1221 Hillview Drive, Sarasota, FL, USA
$6,450,000
$770/SF
Building Size
8,374 SF
Asset Type
Single Family Residence
Closing
Jul 27, 2020
AI
Kim Ogilvie & Brian Loebker of Michael Saunders & Company recently closed a transaction in Sarasota. The property at 1221 Hillview Drive, a single-family residence, was sold for $6,450,000. The house spans 4,187 square feet, resulting in a price per square foot of $1,540.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $6,450,000
- Address: 1221 Hillview Drive
- Market: Sarasota
- Square Footage: 4,187
- Price per Square Foot: $1,540
Kim Ogilvie & Brian Loebker from Michael Saunders & Company served as the brokers for this transaction. They facilitated the successful sale of the property, showcasing their expertise in the Sarasota market.
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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93