Ken Duke's Single-Family Property In Sewalls Point Sells For $6.35M With Buyer's Rep Rebecca Giacobba & Seller's Rep Kim Spears
SOLD
$6,350,000
Florida
See Similar DealsSingle Family Residence6,516 SF
Sold 02/10/2022
SOLD
Ken Duke's Single-Family Property In Sewalls Point Sells For $6.35M With Buyer's Rep Rebecca Giacobba & Seller's Rep Kim Spears
Sewalls Point, Florida, United States
See Similar DealsSingle Family Residence6,516 SF
Sold 02/10/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$974
Total Square Footage:6,516 SF
Transaction Type:Sale
Located in Sewalls Point, this single-family home was recently sold for $6,350,000. Spanning 6,516 square feet, the property offers ample space and comfort. With a price per square foot of $933, this transaction represents a significant investment in the area.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $6,350,000
- Market: Sewalls Point
The seller in this deal was Ken Duke, a professional golfer. Representing the buyer was Rebecca Giacobba from EXP Realty, while Kim Spears from Douglas Elliman acted as the seller's representative. Their expertise and guidance played a crucial role in facilitating this successful transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$338,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,560.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,102.24
Annual Debt Service$361,226.88
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