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8817 Hammock Lake Court, Co...

Roger Nagioff Of JRJ Group Acquires Single Family Home In Coral Gables For $5.95M
SOLDSingle Family Residence

Roger Nagioff Of JRJ Group Acquires Single Family Home In Coral Gables For $5.95M

8817 Hammock Lake Court, Coral Gables, FL, USA

$5,950,000

$780/SF

Building Size

7,623 SF

Asset Type

Single Family Residence

Closing

Mar 21, 2021

AI

A single-family property located at 8817 Hammock Lake in Coral Gables has been sold for $5,950,000. The property spans across 7,623 square feet and has a price per square foot of $781. Situated on a 1.05-acre lot, the property has a price per acre of $5,666,667.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,950,000
  • Square Footage: 7,623
  • Price per Square Foot: $781
  • Address: 8817 Hammock Lake, Coral Gables
  • Market: Coral Gables

The buyer of the property is Roger Nagioff from JRJ Group, represented by Sabriane Brandao of Global Luxury Realty LLC. The seller, Fair Hill Corp., was represented by Giovanna Ingletto Amaral and Roberta Ingletto of RGI Realty.

Players

Sabriane Brandao

Global Luxury Realty

Broker

$6M

vol

1 deal

Broker

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

2.67%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93