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1221 Hillview Drive, Saraso...

Kim Ogilvie & Brian Loebker Acquire Sarasota SFR For $6.45M
SOLDSingle Family Residence

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

Kim Ogilvie

Michael Saunders & Company

Broker

$51.7M

vol

4 deals

Broker

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