Lee Aarons Acquires Pinecrest SFR For $6.5M With Broker Daniel Snyder - Compass
6175 Southwest 128th Street
$6,500,000
$995/SF
Building Size
6,530 SF
Asset Type
Co-Op
Closing
Dec 9, 2022
About this deal
AI
A single-family residence located at 6175 Southwest 128th Street in Pinecrest has been sold. The property spans 6,530 square feet and was sold for a price of $6,500,000, resulting in a price per square foot of $995.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,500,000
- Address: 6175 Southwest 128th Street, Pinecrest
- Market: Pinecrest
- Buyer: Lee Aarons
- Brokers: Daniel Snyder - Compass; Barbara Serrano - Brokers, LLC
The buyer in this transaction is Lee Aarons. Representing the buyer is Daniel Snyder from Compass and Barbara Serrano from Brokers, LLC. The previous asking price for the property was $6,800,000.
Players
Pinecrest Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $995 per square foot on a published $6.5M for 6,530 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93