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7125 West Lago Drive

Ricardo Romano And Carolina Romano Purchase Single Family Home From Laurence E. Curran III And Sylvia Curran For $4.25M
SOLDSingle Family Residence

Ricardo Romano And Carolina Romano Purchase Single Family Home From Laurence E. Curran III And Sylvia Curran For $4.25M

7125 West Lago Drive

$4,250,000

$569/SF

Building Size

7,467 SF

Asset Type

Single Family Residence

Closing

Jan 13, 2025

AI

The property located at 7125 West Lago Drive in Coral Gables is a single-family asset that was sold for $4,250,000. It encompasses a total area of 7,467 square feet, resulting in a price per square foot of $569.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,250,000
  • Address: 7125 West Lago Drive
  • Market: Coral Gables
  • Square Footage: 7,467
  • Price per Square Foot: $569
  • Buyer: Ricardo Romano & Carolina Romano
  • Seller: Laurence E. Curran III & Sylvia Curran
  • Broker: Lissette Garcia - One Sotheby’s International Realty

The transaction involved buyers Ricardo Romano and Carolina Romano acquiring the property from sellers Laurence E. Curran III and Sylvia Curran. The deal was facilitated by broker Lissette Garcia, who represented the interests of the buyers in this closed transaction.

Players

Lissette Garcia

One Sotheby’s International Realty

Broker

$54.5M

vol

9 deals

Broker

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

3.73%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93