Acikgoz Family Acquires SFR In Coral Gables For $4.8M With Anamaria Velasquez - Nexxos Realty
SOLD
$4,800,000
Florida
See Similar DealsSingle Family Residence6,479 SF
Sold 06/08/2023
SOLD
Acikgoz Family Acquires SFR In Coral Gables For $4.8M With Anamaria Velasquez - Nexxos Realty
7424 Vistalmar St Coral Gables, FL 33143, USA
See Similar DealsSingle Family Residence6,479 SF
Sold 06/08/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$740
Total Square Footage:6,479 SF
Transaction Type:Sale
The recently closed property transaction in Coral Gables involved the sale of a Single Family Residence (SFR) located at 7424 Vistalmar Street. The property has a total area of approximately 6,479 square feet. The transaction took place on June 8, 2023, with a sale price of $4,800,000. This translates to a price per square foot (PPSF) of $741.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,800,000
- Address: 7424 Vistalmar Street
- Market: Coral Gables
The Acikgoz Family acquired the property from the Rocchiccioli Family. Facilitating the deal was Anamaria Velasquez, representing the Acikgoz Family as their broker from Nexxos Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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