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931 Valencia Avenue

Keith & Linda Print Acquire Coral Gables SFR For $3M With Reps Meg Del Valle & Jennifer Goldstein
SOLDSingle Family Residence

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

Jennifer Goldstein

Douglas Elliman

Broker

$161.2M

vol

33 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

David Johnson

Wildflower

Seller

$15.7M

vol

3 deals

Seller

Coral Gables Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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