Yenny Hanley Acquires Miami Condo For $3.05M From Seller Eraterina Begicheva
SOLD
$3,050,000
Florida
See Similar DealsCondo2,995 SF
Sold 05/11/2023
SOLD
Yenny Hanley Acquires Miami Condo For $3.05M From Seller Eraterina Begicheva
88 SW 7th St Apt 4001 Miami, FL 33130, USA
See Similar DealsCondo2,995 SF
Sold 05/11/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,018
Total Square Footage:2,995 SF
Transaction Type:Sale
Located at 88 Southwest 7th Street Unit 4001 in Miami, this condo was recently sold in a closed transaction. The property spans 2,995 square feet and was sold for $3,050,000, resulting in a price per square foot of $1,018. The seller in this transaction was Eraterina Begicheva.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,050,000
- Address: 88 Southwest 7th Street Unit 4001
- Market: Miami
- Square Footage: 2,995
Yenny Hanley from Fortune International Realty represented the buyer in this transaction, while Lana Bell from Douglas Elliman represented the seller. The photographer for this property was Tony Tur.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$162,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,836.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,458.56
Annual Debt Service$173,502.67
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