Hugo Ortega & Marcela Pais Sell Key Biscayne SFR For $4.35M With Brokers Ana Teresa Rodriguez & Brigitte Nachtigall
285 Ridgewood Road, Key Biscayne, Florida 33149, United States
$4,350,000
$1,130/SF
Building Size
3,848 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2022
AI
A single-family residence located at 285 Ridgewood Rd in Key Biscayne was recently sold for $4,350,000. The property measures 3,848 square feet, resulting in a price per square foot of $1,130. The sale took place on 06/02/2022.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $4,350,000
- Square Footage: 3,848
- Price per Square Foot: $1,130
- Market: Key Biscayne
The sellers of the property were Hugo Ortega and Marcela Pais. Representing the sellers in the transaction were Ana Teresa Rodriguez from ATR Luxury Homes and Brigitte Nachtigall from Great Properties International LLC.
Players
Key Biscayne 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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93