Updated Nov 29, 2023
Luis E. & Alba Cheas Acquire SFR In Weston For $4.95M
2711 Lake Ridge Lane
$5,500,000
$623/SF
Building Size
8,823 SF
Asset Type
Single Family Residence
Closing
Mar 30, 2023
About this deal
AI
The single-family home located at 2711 Lake Ridge Lane in Weston has been sold in a transaction that closed on March 30th, 2023. The property is a spacious residence with a total square footage of 8,823. The sale price for this property was $4,950,000, resulting in a price per square foot of $561.03.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,950,000
- Address: 2711 Lake Ridge Lane, Weston
- Market: Weston
- Buyer: Luis E. & Alba Cheas
- Seller: Barbara Hollinger & Richard MacKenzie
- Square Footage: 8,823
- Price Per Square Foot: $561.03
Luis E. & Alba Cheas purchased this property from Barbara Hollinger & Richard MacKenzie. The transaction represents a successful deal between the buyer and seller. The involvement of Luis E. & Alba Cheas as the buyers and Barbara Hollinger & Richard MacKenzie as the sellers highlights the key individuals behind this real estate transaction.
Players
Market 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93