J. Frank Barefield Jr Acquires Single Family Home In Fort Lauderdale For $6.8M
$6,800,000
$996/SF
Building Size
6,826 SF
Asset Type
—
Closing
Jun 3, 2020
About this deal
AI
The single-family property in Fort Lauderdale was sold on June 3, 2021, for a sale price of $6,800,000. The property spans 6,826 square feet with a price per square foot of $996. The transaction involved the following parties:
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,800,000
- Market: Fort Lauderdale
The buyer, J. Frank Barefield Jr, represented by Jim Morlock from Fidelity Real Estate, acquired the property from Jeannie & David V. Clarke. The seller's representative in the deal was Jill Johns from One Sotheby’s International Realty. J. Frank Barefield Jr is associated with Abbey Residential.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $996 per square foot on a published $6.8M for 6,826 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93