Updated Dec 18, 2023
Gary Hess Acquires SFR In Saint Petersburg For $6.28M
129 Bay Point Drive Northeast, St. Petersburg, FL, USA
$6,280,000
$992/SF
Building Size
6,330 SF
Asset Type
Single Family Residence
Closing
Aug 3, 2020
About this deal
AI
A single-family residence located at 129 Bay Point Drive NorthEast in Saint Petersburg was recently sold for $6,280,000. The property spans 6,330 square feet, resulting in a price per square foot of $992. The transaction took place on August 4, 2020.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,280,000
- Date: 08/04/2020
- Address: 129 Bay Point Drive NorthEast
- Market: Saint Petersburg
The seller's representative in the deal was Alona Dishy from RE/MAX Metro, while the buyer was represented by Gary Hess from Smith & Associates Real Estate.
Players
Saint Petersburg Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $992 per square foot on a published $6.3M for 6,330 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.53%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93