Keith & Linda Print Acquire Coral Gables SFR For $3M With Reps Meg Del Valle & Jennifer Goldstein
931 Valencia Avenue
$3,000,000
$1,023/SF
Building Size
2,930 SF
Asset Type
Single Family Residence
Closing
Apr 25, 2022
AI
A single-family home located at 931 Valencia Ave in Coral Gables has been sold. The property has a total area of 2,930 square feet and was sold for a price of $3,000,000, resulting in a price per square foot of $1,024. The transaction took place on April 26, 2022.
Summary of transation details
- Property Type: Single-Family Home
- Transaction Amount: $3,000,000
- Date: 04/26/2022
- Address: 931 Valencia Ave, Coral Gables
- Market: Coral Gables
The buyers of the property are Keith and Linda Print, while the sellers are David and Lena Johnson. Meg Del Valle from Berkshire Hathaway Home Services EWM Realty represented the buyers in the transaction, and Jennifer Goldstein from Douglas Elliman represented the sellers. The asking price for the property was $3,500,000, and the final sale price was $3,000,000.
According to the seller, the property was flipped within just 5 months, resulting in a markup of over 40%.
Players
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93