Updated Sep 5, 2024
Corey Stranger Acquires SFR In Naples For $13.8M
3760 Fort Charles Drive, Naples, FL, USA
$13,800,000
$1,032/SF
Building Size
13,361 SF
Asset Type
Single Family Residence
Closing
Nov 1, 2020
About this deal
AI
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.
On the Map
$13,800,000
$1,032/SF
Single Family Residence
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Players
Naples Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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About $1K per square foot on a published $13.8M for 13,361 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93