Tarigh Yusufi Acquires Single Family Home In Coral Gables For $11.8M
SOLD
$11,800,000
Florida
See Similar DealsSingle Family10,264 SF
Sold 04/30/2021
SOLD
Tarigh Yusufi Acquires Single Family Home In Coral Gables For $11.8M
Coral Gables, FL, USA
See Similar DealsSingle Family10,264 SF
Sold 04/30/2021
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,149
Total Square Footage:10,264 SF
Transaction Type:Sale
A single family property in Coral Gables has been sold for a price of $11,800,000. This impressive property spans across 10,264 square feet, with a price per square foot of $1,150. The transaction took place on April 30, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,800,000
Tarigh Yusufi of Steadfast Capital Management was the buyer, while Rishi Kapoor of Location Ventures served as the seller. Ian Krawiecki Gazes, representing Compass, represented the buyer, and Jorge Uribe, from One Sotheby’s International Realty, represented the seller. These individuals and companies played key roles in facilitating the sale of this Coral Gables property.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$629,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,922.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,938.02
Annual Debt Service$671,256.24
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