Elizabeth Day & Brian Long Acquire SFR In Miami For $19.75M
SOLD
$19,750,000
Florida
See Similar Deals12,173 SF
Sold 12/23/2021
SOLD
Elizabeth Day & Brian Long Acquire SFR In Miami For $19.75M
6901 Granada Boulevard, Coral Gables, Florida 33146, United States
See Similar Deals12,173 SF
Sold 12/23/2021
Summary
FLORIDA
Price Per Square Foot:$1,622
Total Square Footage:12,173 SF
Transaction Type:Sale
The property at 6901 Granada Blvd in Miami has been sold in a recent transaction. This single-family home (SFR) encompasses approximately 12,173 square feet. The sale was finalized on December 23, 2021. The buyer, Elizabeth Day & Brian Long, acquired the property from the seller, Moshe I Meidar & Margalit Mediar.
Summary of transaction details:
- Property Type: Single-Family Home (SFR)
- Address: 6901 Granada Blvd, Miami
- Market: Miami
- Transaction Amount: $19,750,000
- Square Footage: 12,173
- Price Per Square Foot: $1,622
The deal's key individuals involved are Elizabeth Day & Brian Long, who served as the buyers, and Moshe I Meidar & Margalit Mediar, who acted as the sellers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,053,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$70,167.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$93,625.08
Annual Debt Service$1,123,500.91
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