Rishi Kapoor's Location Ventures Acquires Single-Family Home In Cocoplum, Coral Gables
Cocoplum, Coral Gables, FL, USA
$5,970,000
$983/SF
Building Size
6,069 SF
Asset Type
Single Family Residence
Closing
Nov 8, 2021
AI
A single-family property located in Cocoplum, Coral Gables has been sold for a price of $5,970,000. The transaction took place on 11/08/2021. The property spans an area of 6,069 square feet, resulting in a price per square foot of $984. The buyer in this deal is Rishi Kapoor of Location Ventures, while the seller is Emilio Antelo. Representing the buyer is Maurice & Silvia Boschetti of Boschetti Realty Group, and representing the seller is Francis Pimentel de Matos & Maria de Armas, also of Boschetti Realty Group.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $5,970,000
- Market: Cocoplum, Coral Gables
- Asset Type: Single-Family
- Buyer: Rishi Kapoor - Location Ventures
- Seller: Emilio Antelo
- Buyer's Rep: Maurice & Silvia Boschetti - Boschetti Realty Group
- Seller's Rep: Francis Pimentel de Matos & Maria de Armas - Boschetti Realty Group
- Square Footage: 6,069
- Price per Square Foot: $984
With this transaction, Rishi Kapoor of Location Ventures acquires the single-family property located in Cocoplum, Coral Gables. Emilio Antelo serves as the seller. Representing the buyer is Maurice & Silvia Boschetti of Boschetti Realty Group, while Francis Pimentel de Matos & Maria de Armas, also of Boschetti Realty Group, represent the seller. This sale marks another successful deal in the real estate market, demonstrating the ongoing activity and interest in the Cocoplum area.
Players
Miami 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
2.66%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93