facebook
Traded Co logo
Submit

Corey Stranger Acquires SFR In Naples For $13.8M

Property Image
SOLD
$13,800,000

Florida

See Similar Deals
Single Family Residence13,361 SF
Sold 11/02/2020
the dealplayerscompscontact
Property Image
SOLD

Corey Stranger Acquires SFR In Naples For $13.8M

3760 Fort Charles Drive, Naples, FL, USA

See Similar Deals
Single Family Residence13,361 SF
Sold 11/02/2020
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,032
Total Square Footage:13,361 SF
Transaction Type:Sale

The property involved in this sale transaction is a single-family residential (SFR) located at 3760 Fort Charles Drive in Naples. The transaction took place on 11/02/2020. The property spans across 13,361 square feet, with a price per square foot (PPSF) of $1,033. The total sale price amounted to $13,800,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $13,800,000
  • Date: 11/02/2020
  • Address: 3760 Fort Charles Drive
  • Market: Naples
  • Square Footage: 13,361
  • Price per Square Foot (PPSF): $1,033

The buyer in this transaction was represented by Corey Stranger from Waterfront Realty Group Inc, while the seller was represented by Bill Earls and Larry Lappin from John R. Wood Properties.

Players

1 deal$13.8M volume
BROKER


Larry Lappin
4 deals$98.1M volume
BROKER

Details

SOLD
IMAGE: Larry Lappin & Bill Earls &⁠ DATE: 11/02/2020⁠ ADDRESS: 3760 Fort Charles Drive⁠ MARKET: Naples⁠ ASSET TYPE: SFR⁠ BUYER'S REP: Corey Stranger - Waterfront Realty Group Inc⁠ SELLER'S REP: Bill Earls & Larry Lappin - John R. Wood Properties⁠ PRICE: $13,800,000⁠ SF: 13,361 ~ PPSF: $1,033

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$736,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$49,028.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,419.04
Annual Debt Service$785,028.49