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Dr. Ruben Quintero Acquires SFR In Cocoplum, Coral Gables For $3.15M

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SOLD
$3,150,000

Florida

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Single Family Residence5,328 SF
Sold 08/26/2021
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SOLD

Dr. Ruben Quintero Acquires SFR In Cocoplum, Coral Gables For $3.15M

330 Cocoplum Rd, Cocoplum, Coral Gables, FL, USA

See Similar Deals
Single Family Residence5,328 SF
Sold 08/26/2021
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$591
Total Square Footage:5,328 SF
Transaction Type:Sale

An SFR property located at 330 Cocoplum Rd in Cocoplum, Coral Gables was recently sold. The property spans 5,328 square feet and was sold for a sale price of $3,150,000. The buyer of the property was Dr. Ruben Quintero, while the seller was Rodolfo Paiz. The transaction was facilitated by broker Anamaria Velasquez from Nexxos Realty LLC. The asking price for the property was $3,280,000, and the price per square foot was $591.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,150,000
  • Address: 330 Cocoplum Rd
  • Market: Cocoplum, Coral Gables
  • Buyer: Dr. Ruben Quintero
  • Seller: Rodolfo Paiz
  • Broker: Anamaria Velasquez - Nexxos Realty LLC
  • Asking Price: $3,280,000
  • Square Footage: 5,328
  • Price Per Square Foot: $591

This transaction showcases the successful collaboration between Dr. Ruben Quintero as the buyer and Rodolfo Paiz as the seller. Anamaria Velasquez from Nexxos Realty LLC played a crucial role as the broker in facilitating the sale of the property located at 330 Cocoplum Rd in Cocoplum, Coral Gables.

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10 deals$70.4M volume
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Details

SOLD
IMAGE: Anamaria Velasquez DATE: 08/26/2021 ADDRESS: 330 Cocoplum Rd MARKET: Cocoplum, Coral Gables ASSET TYPE: SFR BUYER: Dr. Ruben Quintero SELLER: Rodolfo Paiz BROKER: Anamaria Velasquez (@Anamaria138) - Nexxos Realty LLC ASKING PRICE: $3,280,000 SALE PRICE: $3,150,000 SF: 5,328 ~ PPSF: $591

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

$168,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,191.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,932.61
Annual Debt Service$179,191.28