Updated Dec 21, 2023
Michael Saunders & Company Brokers Sell SFR In Sarasota For $6.8M
8330 Sanderling Rd, Sarasota, FL 34242, USA
$6,800,000
$1,079/SF
Building Size
6,301 SF
Asset Type
Single Family Residence
Closing
Oct 29, 2020
About this deal
AI
A single-family residential property located at 8330 Sanderling Road in Sarasota has been sold for a price of $6,800,000. The property spans a total area of 6,301 square feet, resulting in a price per square foot of $1,079. The transaction took place on October 30, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,800,000
- Address: 8330 Sanderling Road
- Market: Sarasota
- Square Footage: 6,301
- Price per Square Foot: $1,079
- Brokers: Brian Wood, Lenore Treiman, & Richard Perlman – Michael Saunders & Company
The sale of this property was facilitated by Brian Wood, Lenore Treiman, and Richard Perlman from Michael Saunders & Company. Their expertise and representation played a crucial role in the successful completion of the transaction.
Players
Sarasota 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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93