Mark H. Hasner Acquires 287 Rada CT Investment LLC Property In Coral Gables For $12.3M
287 Rada Court, Coral Gables, Fl, Usa
$12,300,000
$1,478/SF
Building Size
8,319 SF
Asset Type
Single Family Residence
Closing
Jun 10, 2021
AI
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
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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93