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16737 Prato Way, Naples, FL...

Premier Sotheby's International Realty Sells SFR In Naples For $4.6M
SOLDSingle Family Residence

Premier Sotheby's International Realty Sells SFR In Naples For $4.6M

16737 Prato Way, Naples, FL, USA

$4,625,000

$678/SF

Building Size

6,820 SF

Asset Type

Single Family Residence

Closing

Aug 26, 2020

AI

The property at 16737 Prato Way in Naples was recently sold for a price of $4,625,000. This single-family residence (SFR) offers a spacious living area of 6,820 square feet, translating to a price of $678 per square foot. The transaction took place on August 27, 2020, and the property was represented by Jay Westerlund & Ryan Batey from Premier Sotheby's International Realty as the seller's representatives. Judy Kelly from RMC Realty International acted as the buyer's representative.

Summary of transaction details:

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $4,625,000
  • Square Footage: 6,820
  • Price per Square Foot: $678
  • Address: 16737 Prato Way, Naples
  • Market: Naples

The sale of this property was facilitated by Jay Westerlund & Ryan Batey from Premier Sotheby's International Realty as the seller's representatives. Representing the buyer was Judy Kelly from RMC Realty International.

Players

Jay Westerlund

Sotheby's International Realty

Broker

$8.7M

vol

2 deals

Broker

Naples 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

3.43%

Cash-on-Cash

-0.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93