Updated Dec 4, 2024
Gil Kovalsk Acquires $6M Single Family Property On Estates Drive In Southwest Ranches
5851 Estates Drive
$6,000,000
$594/SF
Building Size
10,094 SF
Asset Type
Single Family Residence
Closing
Jul 28, 2023
About this deal
AI
The property involved in this transaction is a single family home located at 5851 Estates Drive in Southwest Ranches. The property spans 10,000 square feet and was sold for a price of $6,000,000, resulting in a price per square foot of $600.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,000,000
- Address: 5851 Estates Drive
- Market: Southwest Ranches
- Square Footage: 10,000
- Seller: Barbaro Marquez
- Seller's Representative: Gabriel Baratto - Coldwell Banker Realty Florida - Coldwell Banker
- Buyer: Gil Kovalsk
Gil Kovalsk purchased the property from Barbaro Marquez. The seller, represented by Gabriel Baratto from Coldwell Banker Realty Florida, facilitated the transaction. It is noteworthy that the sale price of $6,000,000 reflects a price per square foot of $600.
Southwest Ranches Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $594 per square foot on a published $6M for 10,094 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93