Bernard J. & Pamela L. Fischer Acquire SFR On Marco Island For $12.1M
1589 S Barfield Ct Marco Island, FL 34145, USA
$12,100,000
$1,843/SF
Building Size
6,563 SF
Asset Type
Single Family Residence
Closing
Jun 27, 2023
AI
A single-family residential (SFR) property located at 1589 South Barfield Court in Marco Island has been sold for $12,100,000. The property spans 6,563 square feet, resulting in a price per square foot of $1,844. The transaction took place on June 27, 2023.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,100,000
- Address: 1589 South Barfield Court
- Market: Marco Island
The buyer of the property is Bernard J. & Pamela L. Fischer, while the sellers are Richard & Teresa Harris. Chris Sullivan from Remax acted as the representative for the sellers in this deal.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93