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4108 Palmarito Street, Cora...

Updated Dec 21, 2023

Mark Yaffe And Jaime Israel Brokered The Sale Of Coral Gables SFR For $3.05M
SOLDSingle Family Residence

Mark Yaffe And Jaime Israel Brokered The Sale Of Coral Gables SFR For $3.05M

4108 Palmarito Street, Coral Gables, Florida 33146, United States

$3,050,000

$1,297/SF

Building Size

2,351 SF

Asset Type

Single Family Residence

Closing

Jun 30, 2022

About this deal

AI

A single-family home located at 4108 Palmarito St in Coral Gables has been sold for $3,050,000. The property, a historical landmark, received multiple offers. The home spans 2,351 square feet and was sold at a price per square foot of $1,297.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,050,000
  • Date: 07/01/2022
  • Address: 4108 Palmarito St, Coral Gables
  • Market: Coral Gables

Mark Yaffe from Nest Seekers and Jaime Israel from Corcoran served as the brokers for this transaction, representing both the buyer and seller. For more information or inquiries about the property, please contact:

The Worldwide Team, available via [email protected], also partnered with Mark Yaffe to handle this prestigious deal.

Players

Mark Yaffe

Nest Seekers International

Broker

$3.1M

vol

1 deal

Broker

Coral Gables Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $3.1M for 2,351 square feet (2022).

Visit Nest Seekers International to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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