William Raveis Real Estate Sells SFR In Naples For $17.5M
1700 Galleon Drive, Naples, FL, USA
$17,500,000
$1,891/SF
Building Size
9,253 SF
Asset Type
Single Family Residence
Closing
Dec 22, 2020
AI
The recently closed property transaction in Naples involved the sale of a Single Family Residential (SFR) property located at 1700 Galleon Drive. The transaction took place on December 23, 2020. The property, spanning 9,253 square feet, was sold for a price of $17,500,000. This translates to a price per square foot of $1,891. The transaction was facilitated by Richard Prebish and Thomas Campbell, representing William Raveis Real Estate.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $17,500,000
- Address: 1700 Galleon Drive
- Market: Naples
- Square Footage: 9,253
Richard Prebish and Thomas Campbell, from William Raveis Real Estate, played a key role in bringing this sale to fruition. Their expertise and representation ensured a successful transaction for all parties involved.
Players
Naples 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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93