Compass Represents Buyer And Seller In $2.98M Sale Of 5,500 SF Single Family Home In Coral Gables
7133 West Lago Drive, Coral Gables, FL 33143, USA
$2,980,000
$541/SF
Building Size
5,500 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2021
AI
A single-family home located at 7133 W Lago Dr in Coral Gables was recently sold on April 1, 2021. The property spans 5,500 square feet and is situated in the Coral Gables market. The transaction was facilitated by Lianne Graubart from Compass, who represented the buyer, and Susette Prada from Fortune International Realty, who represented the seller.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,980,000
- Address: 7133 W Lago Dr
- Market: Coral Gables
- Buyer's Rep: Lianne Graubart - Compass
- Seller's Rep: Susette Prada - Fortune International Realty
The property was sold for a price of $2,980,000, with an asking price of $3,300,000. The sale equates to a price per square foot of $542.
Players
Coral Gables 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
5.32%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93