Premier Sotheby's Int'l Realty Sells SFR In Naples For $6.55M With Buyer's Rep Matt Klinowski - Downing Frye Realty Inc
SOLD
$6,550,000
Florida
See Similar DealsSingle Family Residence9,488 SF
Sold 10/30/2020
SOLD
Premier Sotheby's Int'l Realty Sells SFR In Naples For $6.55M With Buyer's Rep Matt Klinowski - Downing Frye Realty Inc
1857 Plumbago Way
See Similar DealsSingle Family Residence9,488 SF
Sold 10/30/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$690
Total Square Footage:9,488 SF
Transaction Type:Sale
Located in Naples, the property at 1857 Plumbago Way recently changed hands in a sale transaction. The single-family residence spans approximately 9,488 square feet, offering ample space for comfortable living. The sale price for this property was $6,550,000, resulting in a price per square foot of $690. The deal was finalized on October 30, 2020.
Summary of Transaction Details
- Property Type: Single-Family Residence
- Transaction Amount: $6,550,000
- Address: 1857 Plumbago Way
- Market: Naples
The buyer of this property was represented by Matt Klinowski from Downing Frye Realty Inc. On the seller's side, the representatives were Daniel Guenther and Melissa Williams from Premier Sotheby's Int'l Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$349,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,270.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,050.34
Annual Debt Service$372,604.10
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