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3760 Fort Charles Drive, Na...

Corey Stranger Acquires SFR In Naples For $13.8M
SOLDSingle Family Residence

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

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.

Players

Corey Stranger

Broker

$13.8M

vol

1 deal

Broker

Naples 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

1.15%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93