Chad Reams And Cristina Sproul Purchase Single Family Residence In Coral Gables For $1.575M
323 Sarto Avenue
$1,575,000
$772/SF
Building Size
2,039 SF
Asset Type
Single Family Residence
Closing
Mar 13, 2025
AI
The property asset involved in this transaction is located at 323 Sarto Avenue in the Coral Gables market. This single-family residence is priced at $1,575,000.00 and has a square footage of 2039.0.
Summary of transation details:
- Property Type: Single Family Residence
- Transaction Amount: $1,575,000.00
- Address: 323 Sarto Avenue
- Market: Coral Gables
- Square Footage: 2039.0
- Buyer: Chad Reams and Cristina Sproul
- Seller: Hely Santeliz and Julia Santeliz
- Broker Representing Buyer: Alejandro Herrera - Avanti Way Realty
- Broker Representing Seller: Charlie Rua - Rua Realty
This transaction involved buyers Chad Reams and Cristina Sproul acquiring the property from sellers Hely Santeliz and Julia Santeliz. Alejandro Herrera from Avanti Way Realty represented the buyers, while the sellers were represented by Charlie Rua from Rua Realty.
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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93