John Taylor & Henry Dale Vansteenberg Acquire Condo In Miami For $430K
SOLD
$430,000
Florida
See Similar Deals957 SF
Sold 02/25/2022
SOLD
John Taylor & Henry Dale Vansteenberg Acquire Condo In Miami For $430K
50 Biscayne Boulevard, Miami, Florida 33132, United States
See Similar Deals957 SF
Sold 02/25/2022
Summary
FLORIDA
Price Per Square Foot:$449
Total Square Footage:957 SF
Transaction Type:Sale
Located at 50 Biscayne Boulevard Miami, this condominium was recently sold in a closed property transaction. The condo spans approximately 957 square feet and was sold for a price of $430,000, resulting in a price per square foot of $449.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $430,000
- Address: 50 Biscayne Boulevard, Miami
- Square Footage: 957
- Sale Price per Square Foot: $449
John Taylor and Henry Dale Vansteenberg were the buyers in this transaction. They were represented by John Taylor from Cervera Real Estate Inc. On the other hand, Alexandra Nikonova from Florida Realty of Miami represented the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$22,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,527.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,038.42
Annual Debt Service$24,461.03
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