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2508 Anderson Road

Thomas Kennedy And Jacqueline De La Rosa Acquire Single Family Home From Jose Ramirez And Isa Noriega For $1.67M
SOLDSingle Family Residence

Thomas Kennedy And Jacqueline De La Rosa Acquire Single Family Home From Jose Ramirez And Isa Noriega For $1.67M

2508 Anderson Road

$1,670,000

$721/SF

Building Size

2,316 SF

Asset Type

Single Family Residence

Closing

Dec 16, 2024

AI

The property asset involved in the transaction is a single-family home located at 2508 Anderson Road in the Coral Gables market. It sold for $1,670,000, encompassing a total area of 2,316 square feet, resulting in a price per square foot of $721.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,670,000
  • Address: 2508 Anderson Road
  • Market: Coral Gables
  • Square Footage: 2,316
  • Price per Square Foot: $721
  • Buyer: Thomas Kennedy & Jacqueline de La Rosa
  • Seller: Jose Ramirez & Isa Noriega
  • Broker: Cecilia Hinojosa - The Corcoran Group
  • Note: Off Market Sale, Representing both Seller and Buyer

The key individuals involved in the transaction include buyers Thomas Kennedy and Jacqueline de La Rosa, and sellers Jose Ramirez and Isa Noriega. The transaction was handled by broker Cecilia Hinojosa of The Corcoran Group, who represented both the seller and the buyer in this off-market sale.

Players

Cecilia Hinojosa

Douglas Elliman

Broker

$15.5M

vol

7 deals

Broker

Coral Gables 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

9.50%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93