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7133 West Lago Drive

Gina Menendez Lacayo & Gonzalo Lacayo Acquire SFR In Coral Gables For $4.775M
SOLDSingle Family Residence

Gina Menendez Lacayo & Gonzalo Lacayo Acquire SFR In Coral Gables For $4.775M

7133 West Lago Drive

$4,775,000

$864/SF

Building Size

5,526 SF

Asset Type

Single Family Residence

Closing

May 1, 2023

AI

A single-family residence (SFR) located at 7133 West Lago Drive, Coral Gables, was recently sold for a transaction value of $4,775,000. The property spans across 5,526 square feet, resulting in a price per square foot (PPSF) of $864.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,775,000
  • Property Address: 7133 West Lago Drive
  • Market: Coral Gables
  • Square Footage: 5,526
  • Price per Square Foot (PPSF): $864

The buyers of the property are Gina Menendez Lacayo and Gonzalo Lacayo. They were represented by Dennis Carvajal from Sotheby's International Realty. On the other hand, Lianne Graubart, also from Sotheby's International Realty, represented the seller in this transaction.

Players

Lianne Graubart

Sotheby's International Realty

Broker

$18.2M

vol

5 deals

Broker

Market 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

3.32%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93