Thomas Kennedy And Jacqueline De La Rosa Acquire Single Family Home From Jose Ramirez And Isa Noriega For $1.67M
SOLD
$1,670,000
Florida
See Similar DealsSingle Family Residence2,316 SF
Sold 12/16/2024
SOLD
Thomas Kennedy And Jacqueline De La Rosa Acquire Single Family Home From Jose Ramirez And Isa Noriega For $1.67M
2508 Anderson Road
See Similar DealsSingle Family Residence2,316 SF
Sold 12/16/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$721
Total Square Footage:2,316 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,933.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,916.65
Annual Debt Service$94,999.82
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