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Blake R. & Monica L. Grossman Acquire SFR In Coral Gables For $6.8M

Property Image
SOLD
$6,800,000
Veronica Lopez
Silvia Boschetti

Florida

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Single Family Residence7,478 SF
Sold 12/14/2020
the dealplayerscompscontact
Property Image
SOLD

Blake R. & Monica L. Grossman Acquire SFR In Coral Gables For $6.8M

8860 Hammock Lake Court, Coral Gables, FL, USA

See Similar Deals
Single Family Residence7,478 SF
Sold 12/14/2020
Veronica Lopez
Silvia Boschetti
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$909
Total Square Footage:7,478 SF
Transaction Type:Sale

The SFR located at 8860 Hammock Lake Court in Coral Gables has been sold. The transaction took place on 12/14/2020. The property spans across a total area of 7,478 square feet and was sold for a price of $6,800,000, resulting in a price per square foot of $909. The property was previously listed for an asking price of $7,600,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,800,000
  • Address: 8860 Hammock Lake Court
  • Market: Coral Gables

The buyer of the property is Blake R. & Monica L. Grossman. The seller is Silvia Boschetti of Boschetti Realty Group and Jose Boschetti of BF Group. Silvia Boschetti, from the Boschetti Realty Group, represented the seller in the deal. Veronica Lopez, from First Step Realty Group, represented the buyer in the transaction.

Players

Silvia Boschetti
Silvia Boschetti
3 deals$26.7M volume
BROKER
Veronica Lopez
Veronica Lopez
1 deal$6.8M volume
BROKER

Details

SOLD
IMAGE: Jose Boschetti, Veronica Lopez, & Silvia Boschetti DATE: 12/14/2020 ADDRESS: 8860 Hammock Lake Court MARKET: Coral Gables ASSET TYPE: SFR BUYER: Blake R. & Monica L. Grossman SELLER: Silvia Boschetti - Boschetti Realty Group & Jose Boschetti - BF Group SELLERS REP: Silvia Boschetti - Boschetti Realty Group BUYERS REP: Veronica Lopez - First Step Realty Group ASKING PRICE: $7,600,000 PRICE: $6,800,000 SF: 7,478 ~ PPSF: $909

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$24,158.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,235.47
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