Scott Leeds Sells Single Family Residence In Southwest Ranches For $5.6M With Rep Alexander Fernandez - Joe Caprio & Company Real Estate
SOLD
$5,625,000
Florida
See Similar DealsSingle Family Residence6,960 SF
Sold 10/11/2023
SOLD
Scott Leeds Sells Single Family Residence In Southwest Ranches For $5.6M With Rep Alexander Fernandez - Joe Caprio & Company Real Estate
6410 Southwest 136th Avenue
See Similar DealsSingle Family Residence6,960 SF
Sold 10/11/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$808
Total Square Footage:6,960 SF
Transaction Type:Sale
A single-family residence located at 6410 Holatee Trail in Southwest Ranches has been sold for a price of $5,625,000. The property spans 6,960 square feet and was purchased by the buyer with the assistance of Joseph Suarez and Anthony Formeza from Dream House Mortgage as lenders. The loan amount acquired for this transaction was $3,815,000. The seller of the property was Scott Leeds, while Alexander Fernandez from Joe Caprio & Company Real Estate acted as the broker.
Summary of Transaction Details
- Property Type: Single Family Residence
- Transaction Amount: $5,625,000
- Square Footage: 6,960
- Address: 6410 Holatee Trail
- Market: Southwest Ranches
Alexander Fernandez Jr. from Joe Caprio & Company Real Estate represented the buyer, while Joseph Suarez and Anthony Formeza from Dream House Mortgage facilitated the mortgage for the buyer's dream home. Their services include assisting with various types of loans, including commercial and hard money loans.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$300,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,984.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,665.37
Annual Debt Service$319,984.44
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