Connie & Charles Dallas Sell Palm City SFR For $1.93M With Vickie Arcuri As Buyer's Rep
SOLD
$1,925,000
Florida
See Similar DealsSingle Family Residence5,488 SF
Sold 05/26/2022
SOLD
Connie & Charles Dallas Sell Palm City SFR For $1.93M With Vickie Arcuri As Buyer's Rep
598 Southwest Hidden River Avenue, Palm City, Florida 34990, United States
See Similar DealsSingle Family Residence5,488 SF
Sold 05/26/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$350
Total Square Footage:5,488 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family residence located at 598 SW Hidden River Ave in Palm City. The sale price for the property was $1,925,000, with a total square footage of 5,488 and a price per square foot of $351.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,925,000
- Address: 598 SW Hidden River Ave
- Market: Palm City
- Seller: Connie & Charles Dallas
- Buyer's Representative: Vickie Arcuri - Coldwell Banker Realty
- Seller's Representative: Connie Dallas - Coldwell Banker Realty
This transaction was facilitated by two representatives from Coldwell Banker Realty, with Vickie Arcuri representing the buyer while Connie Dallas represented the seller, highlighting the agency's involvement in both sides of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$102,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,839.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,125.48
Annual Debt Service$109,505.79
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