Nancy & Steve Silver Acquire SFR In Coral Gables From Myrna Leal With Buyer's Rep Adam Levy - Levy Group
SOLD
$3,250,000
Florida
See Similar DealsSingle Family Residence4,111 SF
Sold 10/29/2021
SOLD
Nancy & Steve Silver Acquire SFR In Coral Gables From Myrna Leal With Buyer's Rep Adam Levy - Levy Group
932 Escobar Ave, Coral Gables, FL, USA
See Similar DealsSingle Family Residence4,111 SF
Sold 10/29/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$790
Total Square Footage:4,111 SF
Transaction Type:Sale
A single-family home located at 932 Escobar Ave in Coral Gables has recently been sold. The property, with a total area of 4,111 square feet, was listed for sale at an asking price of $3,250,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,250,000
- Market: Coral Gables
The buyer of the property is Nancy and Steve Silver, while the seller is Myrna Leal. Representing the buyer during the transaction was Adam Levy from Levy Group. On the other hand, the seller was represented by Hilda Jacobson and Russell Jacobson from Douglas Elliman.
The sale price of the property was $3,250,000, which equated to a price per square foot of $791.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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