Robert Thorne And Perla Machaen Acquire Single Family Home In Coral Gables For $4.95M
7155 Old Cutler Road
$4,950,000
$1,189/SF
Building Size
4,160 SF
Asset Type
Single Family Residence
Closing
Jun 6, 2025
AI
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.
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
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93