Roni Avissar Purchases Condo At 2900 Northeast 7th Avenue For $1.635M With Batchelor's Representation
SOLD
Florida
See Similar DealsCondo1,698 SF
Sold 11/08/2024
SOLD
Roni Avissar Purchases Condo At 2900 Northeast 7th Avenue For $1.635M With Batchelor's Representation
2900 Northeast 7th Avenue
See Similar DealsCondo1,698 SF
Sold 11/08/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$962
Total Square Footage:1,698 SF
Transaction Type:Sale
The property is a condo located at 2900 Northeast 7th Avenue Unit 3802 in Miami. It was sold for a transaction amount of $1,635,000. The condo has a total area of 1,698 square feet, resulting in a price per square foot of $962.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $1,635,000
- Address: 2900 Northeast 7th Avenue Unit 3802
- Market: Miami
- Square Footage: 1,698
- Price per Square Foot: $962
- Buyer: Roni Avissar
- Buyer's Representatives: Nancy Batchelor & Carolyn Batchelor
- Agency: Compass
Nancy Batchelor and Carolyn Batchelor represented the buyer, Roni Avissar, in this transaction, negotiating the sale of the condo situated in the Miami market. The representatives are affiliated with Compass, showcasing their role in facilitating this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$87,199.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,808.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,750.73
Annual Debt Service$93,008.81
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