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Robert Thorne And Perla Machaen Acquire Single Family Home In Coral Gables For $4.95M

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SOLD
$4,950,000

Florida

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Single Family Residence4,160 SF
Sold 06/07/2025
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Property Image
SOLD

Robert Thorne And Perla Machaen Acquire Single Family Home In Coral Gables For $4.95M

7155 Old Cutler Road

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Single Family Residence4,160 SF
Sold 06/07/2025
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,189
Total Square Footage:4,160 SF
Transaction Type:Sale

The asset involved in this transaction is a single-family home located at 7155 Old Cutler Road in the Coral Gables market. The sale price was $4,950,000, with a total square footage of 4,160, resulting in a price per square foot of $1,189.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,950,000
  • Address: 7155 Old Cutler Road
  • Market: Coral Gables
  • Square Footage: 4,160
  • Price Per Square Foot: $1,189
  • Buyer: Robert Thorne & Perla Machaen
  • Seller: Oliver Caminos
  • Seller's Representative: Sam Chute - Chute Real Estate LLC

This transaction involved Robert Thorne and Perla Machaen as the buyers purchasing from seller Oliver Caminos. Sam Chute of Chute Real Estate LLC represented the seller in this deal.

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3 deals$9.1M volume(786) 375-0028
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Details

SOLD
IMAGE: Sam Chute DATE: 06/07/2025 ADDRESS: 7155 Old Cutler Road MARKET: Coral Gables ASSET TYPE: Single Family BUYER: Robert Thorne & Perla Machaen SELLER: Oliver Caminos SELLER'S REP: Sam Chute - Chute Real Estate LLC SALE PRICE: $4,950,000 SF: 4,160 ~ PPSF: $1,189

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$264,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,586.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,465.53
Annual Debt Service$281,586.30