Premier Sotheby’s International Realty Sells SFR In Marco Island For $2.08M
SOLD
$2,080,000
Florida
See Similar DealsSingle Family Residence3,618 SF
Sold 07/16/2020
SOLD
Premier Sotheby’s International Realty Sells SFR In Marco Island For $2.08M
1731 Ludlow Rd, Marco Island, FL 34145, USA
See Similar DealsSingle Family Residence3,618 SF
Sold 07/16/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$574
Total Square Footage:3,618 SF
Transaction Type:Sale
The property involved in this closed transaction is a single-family residence (SFR) located at 1731 Ludlow Road in Marco Island. The property has a total square footage of 3,618. The transaction took place on July 16, 2020, with a sale price of $2,080,000. The price per square foot for this property is $575.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,080,000
- Square Footage: 3,618
- Price per Square Foot: $575
- Address: 1731 Ludlow Road, Marco Island
- Market: Marco Island
The broker involved in this transaction is James Prange from Premier Sotheby's International Realty.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$110,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,389.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,860.26
Annual Debt Service$118,323.13
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