Premier Sotheby's International Realty Represents Sale Of SFR In Naples For $10.85M
SOLD
$10,850,000
Florida
See Similar DealsSingle Family Residence15,746 SF
Sold 11/23/2020
SOLD
Premier Sotheby's International Realty Represents Sale Of SFR In Naples For $10.85M
3675 Gordon Drive, Naples, FL, USA & 3675 Gordon Drive, Naples, FL, USA
See Similar DealsSingle Family Residence15,746 SF
Sold 11/23/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$689
Total Square Footage:15,746 SF
Transaction Type:Sale
The recently closed property transaction in Naples involved a single-family residence located at 3675 Gordon Drive. The property, spanning approximately 7,873 square feet, was sold for a total price of $10,850,000, resulting in a per square foot price of $1,378. The transaction took place on November 23, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,850,000
- Address: 3675 Gordon Drive
- Market: Naples
Karen Van Arsdale and Jordan Delaney, both representing Premier Sotheby's International Realty, served as the brokers for this transaction. Their expertise and negotiation skills contributed to the successful completion of the deal.
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Details
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$578,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$38,547.77
Cash-on-Cash Return-1.27%
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Annual Debt Service$617,214.42
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