facebook
Traded Co logo
Submit

Glenn C Rice & Cynthia Anne Hoy Acquire Single Family Property On San Marco Dr, Fort Lauderdale For $15.7M

Property Image
SOLD
$15,741,000

Florida

See Similar Deals
Single Family Residence7,992 SF
Sold 04/02/2021
the dealdetailscomps
Property Image
SOLD

Glenn C Rice & Cynthia Anne Hoy Acquire Single Family Property On San Marco Dr, Fort Lauderdale For $15.7M

650 San Marco Dr, Fort Lauderdale, FL, USA

See Similar Deals
Single Family Residence7,992 SF
Sold 04/02/2021

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,969
Total Square Footage:7,992 SF
Transaction Type:Sale

The property at 650 San Marco Dr in Fort Lauderdale was recently sold in a single family transaction. The property spans across 7,992 square feet and was sold for a price of $15,741,000, resulting in a price per square foot of $1,970. The transaction took place on 04/02/2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $15,741,000
  • Address: 650 San Marco Dr, Fort Lauderdale
  • Market: Fort Lauderdale

The buyers of the property were Glenn C Rice & Cynthia Anne Hoy, while the sellers were Latika & Rajiv Jain.

Note: No additional information is available regarding this transaction.

Players

SELLER

Details

SOLD
IMAGE: 04/02/2021 ADDRESS: 650 San Marco Dr MARKET: Fort Lauderdale ASSET TYPE: Single Family BUYER: Glenn C Rice & Cynthia Anne Hoy SELLER: Latika & Rajiv Jain PRICE: $15,741,000 SF: 7,992 ~ PPSF: $1,970

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$839,520.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$55,924.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$74,620.37
Annual Debt Service$895,444.45