William Grubich Acquires SFR In Fort Lauderdale For $2.19M
SOLD
$2,187,500
Florida
See Similar DealsCo-Op2,772 SF
Sold 10/28/2022
SOLD
William Grubich Acquires SFR In Fort Lauderdale For $2.19M
3110 Northeast 57th Court
See Similar DealsCo-Op2,772 SF
Sold 10/28/2022
Summary
FLORIDA
Asset Type:Co-Op
Price Per Square Foot:$789
Total Square Footage:2,772 SF
Transaction Type:Sale
A single-family home located at 3110 NE 57th Ct in Fort Lauderdale, FL has been sold. The property, with a total area of 2,772 square feet, was sold for a price of $2,187,500, resulting in a price per square foot of $789.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,187,500
- Square Footage: 2,772
- Address: 3110 NE 57th Ct, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property was William Grubich, while the seller was Susan Walker LV Trust. Representing both the buyer and seller in the transaction was Kathryn B. Gillespie, who works at 15 Properties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$116,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,771.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,369.87
Annual Debt Service$124,438.39
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