Damian Vasso Acquires Condo In Miami For $2.29M With Buyer's Rep Gershon Adjaye
SOLD
$2,289,900
Florida
See Similar DealsCondo1,998 SF
Sold 11/22/2023
SOLD
Damian Vasso Acquires Condo In Miami For $2.29M With Buyer's Rep Gershon Adjaye
710 Northeast 24th Street
See Similar DealsCondo1,998 SF
Sold 11/22/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,146
Total Square Footage:1,998 SF
Transaction Type:Sale
A condo located at 710 Northeast 24th Street in Miami has been sold in a recent transaction. The property, with a total square footage of 1,998, was sold for a price of $2,289,900. The condo has a price per square foot of $1,146.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,289,900
- Square Footage: 1,998
- Price per Square Foot: $1,146
- Address: 710 Northeast 24th Street, Miami
The buyer in this transaction is Damian Vasso. The seller is Carlos Melo from the Melo Group. The buyer was represented by Gershon Adjaye from Keller Williams.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,128.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,135.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,855.29
Annual Debt Service$130,263.53
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