Updated Dec 21, 2023
William T. & Iris M. Myles Acquire SFR In Fernandina Beach For $2.1M
1902 S Fletcher Ave, Fernandina Beach, FL 32034, USA
$2,144,000
$70/SF
Building Size
30,640 SF
Asset Type
Single Family Residence
Closing
Jun 28, 2020
About this deal
AI
The single-family home located at 1902 S. Fletcher Ave in Fernandina Beach has been sold. The transaction took place on June 29, 2020, with a sale price of $2,144,000. The property spans 3,064 square feet, resulting in a price per square foot of $699.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $2,144,000
- Address: 1902 S. Fletcher Ave
- Market: Fernandina Beach
- Square Footage: 3,064
- Price Per Square Foot: $699
The buyers of the property are William T. and Iris M. Myles. On the other hand, the sellers are Melodie A. Winston and William C. Solomon.
Players
Fernandina Beach 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
7.40%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93