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Mark H. Hasner Acquires 287 Rada CT Investment LLC Property In Coral Gables For $12.3M

Property Image
SOLD
$12,300,000

Florida

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Single Family Residence8,319 SF
Sold 06/10/2021
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SOLD

Mark H. Hasner Acquires 287 Rada CT Investment LLC Property In Coral Gables For $12.3M

287 Rada Court, Coral Gables, Fl, Usa

See Similar Deals
Single Family Residence8,319 SF
Sold 06/10/2021
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,478
Total Square Footage:8,319 SF
Transaction Type:Sale

The property involved in this transaction is a single-family residence located at 287 Rada Court in Coral Gables. The asset covers an approximate square footage of 8,319, with a price per square foot calculated at $1,479, culminating in a total sale price of $12,300,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $12,300,000
  • Address: 287 Rada Court
  • Market: Coral Gables
  • Square Footage: 8,319
  • Price Per Square Foot: $1,479
  • Buyer: Mark H. Hasner
  • Seller: 287 Rada CT Investment LLC
  • Brokers: Aurelio Leyva & Lissette Garcia - Leyva International Realty

The transaction was facilitated by brokers Aurelio Leyva and Lissette Garcia from Leyva International Realty, who represented both sides of the deal. This transaction reflects a significant engagement in the Coral Gables real estate market, showcasing the active participation of experienced brokers in high-value transactions.

Players

3 deals$44.9M volume
BROKER

Details

SOLD
IMAGE: Aurelio Leyva DATE: 06/11/2021 ADDRESS: 287 Rada Court MARKET: Coral Gables ASSET TYPE: Single Family BUYER: Mark H. Hasner SELLER: 287 Rada CT Investment LLC BROKERS: Aurelio Leyva & Lissette Garcia - Leyva International Realty SALE PRICE: $12,300,000 SF: 8,319 ~ PPSF: $1,479

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$655,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$43,699.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,308.28
Annual Debt Service$699,699.30