Updated Dec 19, 2023
RE/MAX Alliance Group Sells Odessa Single Family Property For $2.6M
19122 Larchmont Drive, Odessa, Florida 33556, United States
$2,600,000
$427/SF
Building Size
6,077 SF
Asset Type
Single Family Residence
Closing
May 26, 2022
About this deal
AI
A single-family property located at 19122 Magnolia Farms Lane in Odessa has been sold. The property sits on an expansive lot measuring approximately 1 acre. The transaction was facilitated by Rae Anna Conforti from RE/MAX Alliance Group, representing the seller.
Summary of transation details
- Property Type: Single Family
- Sale Price: $2,600,000
- Square Footage: 6,077
- Price per Square Foot: $428
- Address: 19122 Magnolia Farms Lane, Odessa
- Market: Odessa
The property was sold for a total price of $2,600,000, with a spacious interior spanning 6,077 square feet. This amounts to a price per square foot of $428. The transaction was successfully managed by Rae Anna Conforti of RE/MAX Alliance Group, acting as the seller's representative.
Players
Odessa 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93