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7611 Old Cutler Road, Coral...

Oscar & Diana Gomez Acquire SFR On Old Cutler Rd, Coral Gables For $1.9M
SOLDSingle Family Residence

Oscar & Diana Gomez Acquire SFR On Old Cutler Rd, Coral Gables For $1.9M

7611 Old Cutler Road, Coral Gables, FL, USA

$1,945,000

$760/SF

Building Size

2,557 SF

Asset Type

Single Family Residence

Closing

Jul 23, 2020

AI

A single-family residential property located at 7611 Old Cutler Rd in Coral Gables was recently sold. The property was sold on 07/23/2021 and was represented by Eduardo Pruna from One Sotheby's International Realty as the buyer's representative and Bianca Guevara from Luxe Properties as the seller's representative. The property was purchased by Oscar and Diana Gomez from the seller, Antonio Fernandez.

Summary of transaction details

  • Property Type: Single Family Residential
  • Transaction Amount: $1,945,000
  • Address: 7611 Old Cutler Rd, Coral Gables
  • Market: Coral Gables

The property was listed at an asking price of $2,070,000 and was sold for $1,945,000. The property has a total area of 3,546 square feet, with the living area measuring 2,557 square feet. The price per square foot comes to $761. The lot size of the property is 11,067 square feet.

This successful transaction showcases the expertise of Eduardo Pruna from One Sotheby's International Realty, who represented the buyers, and Bianca Guevara from Luxe Properties, who represented the sellers.

Players

Bianca Guevara

Luxe Properties

Broker

$22.4M

vol

11 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage

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

8.16%

Cash-on-Cash

-2.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93