Seamus S. Lamb & Steven Kates Acquire Hollywood, FL Condo For $4.25M
1743 Moffett Street, Hallandale Beach, Florida 33020, United States
$4,250,000
$1,912/SF
Building Size
2,222 SF
Asset Type
—
Closing
May 23, 2022
AI
The property involved in this transaction is a condo located at 1741-1743 Moffett St, Hollywood, FL. The condo spans 2,222 square feet and was sold for a price of $4,250,000, resulting in a price per square foot of $1,912.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,250,000
- Buyer: Seamus S. Lamb & Steven Kates
- Seller: David Mach & Katalin Mach
- Address: 1741-1743 Moffett St, Hollywood, FL
- Square Footage: 2,222
- Price per Square Foot: $1,912
The buyers in this transaction are Seamus S. Lamb & Steven Kates. The sellers are David Mach & Katalin Mach. The property at 1741-1743 Moffett St, Hollywood, FL was successfully sold for a total amount of $4,250,000. This transaction highlights the involvement of these key individuals and companies in the deal.
Players
Hollywood CRE Market Snapshot
Boundary boundary · CRE · 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