Updated Oct 29, 2024
Manny Machado Acquires SFR In Coral Gables For $7.2M
9261 School House Rd, Coral Gables, FL 33156, USA
$7,200,000
$97/SF
Building Size
74,110 SF
Asset Type
Single Family Residence
Closing
Sep 22, 2020
About this deal
AI
The property involved in the transaction is a Single Family Residential (SFR) located at 9261 School House Road in Coral Gables. The property has a total square footage of 7,411 and was sold for a price of $7,200,000, resulting in a price per square foot of $972.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,200,000
- Market: Coral Gables
- Address: 9261 School House Road
- Square Footage: 7,411
- Price per Square Foot: $972
The buyer in this transaction is Manny Machado. The seller is Mocca Construction Hammock Park LLC. The broker representing the seller is Diana Gutierrez from Mocca Realty, LLC.
On the Map
$7,200,000
$97/SF
Single Family Residence
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Players
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $97 per square foot on a published $7.2M for 74,110 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93