Updated Dec 20, 2023
Michael Saunders & Company Acquires SFR In Sarasota For $4.3M
3544 San Remo Terrace, Sarasota, FL 34239, USA
$4,259,750
$63/SF
Building Size
67,100 SF
Asset Type
Single Family Residence
Closing
Sep 7, 2020
About this deal
AI
Located at 3544 San Remo Terrace in Sarasota, this single-family home was recently sold in a closed transaction. The property boasts a spacious 6,710 square feet of living space. The selling price for this SFR was $4,259,750, resulting in a price per square foot of $635.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,259,750
- Square Feet: 6,710
- Price per Square Foot: $635
- Date: 09/08/2020
- Market: Sarasota
Ralph Harvey from Listwithfreedom.com, Inc. represented the seller in this deal. On the buyer's side, Michael Hays from Michael Saunders & Company played a crucial role in facilitating the sale. Both representatives worked diligently to ensure a successful transaction.
Players
Sarasota 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
3.72%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93