Andrea & Patrick Esteruelas Acquire SFR In Coconut Grove, Miami For $8.7M
SOLD
$8,700,000
Florida
See Similar DealsSingle Family Residence5,922 SF
Sold 01/28/2022
SOLD
Andrea & Patrick Esteruelas Acquire SFR In Coconut Grove, Miami For $8.7M
3503 Wildwood Cir, Miami, FL 33133
See Similar DealsSingle Family Residence5,922 SF
Sold 01/28/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,469
Total Square Footage:5,922 SF
Transaction Type:Sale
A single-family residential property located at 3503 Wildwood Circle in Coconut Grove, Miami has been sold. The transaction took place on January 28, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,700,000
- Market: Coconut Groove, Miami
- Broker: Jill Penman - ONE Sotheby's International Realty
The property, spanning 5,922 square feet, was sold for $8,700,000 at a price per square foot of $1,469. The buyer of the property is Andrea & Patrick Esteruelas, while the seller is the Mocca Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$463,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,242.44
Annual Debt Service$494,909.26
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