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661 Galleon Dr, Naples, FL ...

Tim Savage - Gulf Coast International Properties Sells SFR In Naples For $9.9M
SOLDSingle Family Residence

Tim Savage - Gulf Coast International Properties Sells SFR In Naples For $9.9M

661 Galleon Dr, Naples, FL 34102, USA

$9,900,000

$1,980/SF

Building Size

5,000 SF

Asset Type

Single Family Residence

Closing

Jul 30, 2020

AI

A single-family residential property located at 661 Galleon Drive in Naples has been sold for $9,900,000. The property spans 5,000 square feet, resulting in a price per square foot of $1,980. The transaction took place on July 31, 2020. The sale was facilitated by Tim Savage from Gulf Coast International Properties.

Summary of Transaction Details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $9,900,000
  • Address: 661 Galleon Drive, Naples
  • Market: Naples
  • Broker: Tim Savage - Gulf Coast International Properties

This transaction represents a significant sale in the Naples market, with the property selling at a premium price of $9,900,000. Tim Savage from Gulf Coast International Properties played a crucial role in facilitating the deal, ensuring a successful transaction for all parties involved.

Players

Timothy Savage

Broker

$111.9M

vol

3 deals

Broker

Naples 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

1.60%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93