SOLDCondo
Michael Johnson Sells Condo In Coconut Grove Miami For $2.285M With David Pulley And Yulia Skurikhina
2618 Trapp Avenue
$2,285,000
$955/SF
Building Size
2,391 SF
Asset Type
Condo
Closing
Jun 24, 2024
AI
The condo located at 2618 Trapp Avenue in Coconut Grove, Miami, was recently sold for $2,285,000. Spanning 2,391 square feet, the property was transacted at a price per square foot of $956.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,285,000
- Address: 2618 Trapp Avenue, Coconut Grove, Miami
- Price Per Square Foot: $956
- Seller: Michael Johnson
- Buyer's Representative: Yulia Skurikhina - Julie's Realty
- Seller's Representative: David Pulley - Douglas Elliman
Yulia Skurikhina from Julie's Realty represented the buyer in the transaction, while the seller was represented by David Pulley from Douglas Elliman.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.94%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93