Updated Feb 16, 2024
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
4,187 SF
Asset Type
Single Family Residence
Closing
Jul 27, 2020
About this deal
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.
On the Map
$6,450,000
$770/SF
Single Family Residence
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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