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
$15,741,000
$1,969/SF
Building Size
7,992 SF
Asset Type
Single Family Residence
Closing
Apr 1, 2021
AI
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
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93