Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000
SOLD
Florida
See Similar DealsSold 01/14/2022
SOLD
Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000
7761 Northwest 7th Street, Miami, Florida 33126, United States
See Similar DealsSold 01/14/2022
Summary
FLORIDA
Transaction Type:Sale
The other vacant property located at 7761 NW 7th Ave in Miami, FL has been sold on January 14, 2022. The property was purchased by Andrew Carton for a total price of $3,175,000. The seller of the property was Jose A. Sbarra.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $3,175,000
- Address: 7761 NW 7th Ave, Miami, FL
- Market: Miami, FL
This transaction was facilitated by Jose A. Sbarra's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$169,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,280.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,051.12
Annual Debt Service$180,613.44
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