Updated Dec 4, 2024
Kevin Love Acquires $9.5M Coconut Grove Spec Home Via Morgan Stanley Financing
$9,500,000
$1,484/SF
Building Size
6,400 SF
Asset Type
Single Family
Closing
Jan 5, 2024
About this deal
AI
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $9,500,000
- Market: Coconut Grove
- Asset Type: Single Family
- Buyer: Kate Love & Kevin Love
- Seller: Carlos Fontecilla & Justin Drexler
- Brokers: Brett Eaglstein & Eli Faitelson - Compass
- Lender: Morgan Stanley
- Square Footage: 6,400
- Price per Square Foot: $1,484
Kevin Love Acquires $9.5M Coconut Grove Spec Home Via Morgan Stanley Financing is logged as a single family sale on Traded (2024). The building is 6,400 square feet, implying about 1.5K per square foot on the published price. Eli Faitelson, Brett Eaglstein, Kevin Love, Douglas Elliman appear on the sale alongside Douglas Elliman, Compass. This page is the market file for the Kevin Love Acquires $9.5M Coconut Grove Spec Home Via Morgan Stanley Financing single family sold: pricing, party profiles, and other closed single family comps from the same area sit in the Market section below. Cite this Kevin Love Acquires $9.5M Coconut Grove Spec Home Via Morgan Stanley Financing sale when underwriting similar single family product.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93