SOLD
Amanda Harris Acquires Condo In Miami For $720,000
501 Northeast 31st Street, Miami, FL 33137
See Similar Deals1,084 SF
Sold
Summary
FLORIDA
Price Per Square Foot:$664
Total Square Footage:1084 SF
Transaction Type:Sale
Located at 501 NE 31st St UNIT 3708 in Miami, this condo property was recently sold. The transaction took place on 01/12/2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $720,000
- Square Footage: 1,084 sqft
- Price per Square Foot: $664
- Market: Miami
The buyer of this condo unit is Amanda Harris, while the seller is Juan Manuel Cadena. Representing the buyer, Mariam Yusuf from Barnes International Realty facilitated the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$38,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,558.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,413.17
Annual Debt Service$40,958.01
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