SOLDCondo
Monica S. Betancourt Of Coldwell Banker Represents Sale Of Miami Condo For $2,350,000
7471 Sw 56th Ct
$2,350,000
$644/SF
Building Size
3,647 SF
Asset Type
Condo
Closing
Dec 5, 2024
AI
This transaction involves a condo located at 7471 Sw 56th Ct in Miami. The property spans 3,647 square feet and was sold for $2,350,000.00.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $2,350,000.00
- Address: 7471 Sw 56th Ct
- Market: Miami
- Square Footage: 3,647
- Broker: Monica S. Betancourt (Coldwell Banker)
Monica S. Betancourt represented the transaction as the broker, facilitating the sale on behalf of the involved parties.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93