Jennifer Goldstein & Pietro Belmonte Acquire Miami Multifamily For $3.35M
SOLD
$3,350,000
Florida
See Similar DealsMultiFamily4,279 SF
Sold 02/26/2021
SOLD
Jennifer Goldstein & Pietro Belmonte Acquire Miami Multifamily For $3.35M
3437 North Moorings Way, Miami, FL, USA
See Similar DealsMultiFamily4,279 SF
Sold 02/26/2021
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$782
Total Square Footage:4,279 SF
Transaction Type:Sale
A multifamily property located at 3437 N Moorings Way in Miami has been sold. The transaction took place on February 26, 2021, with a sale price of $3,350,000. The property spans a total area of 4,279 square feet and has a price per square foot of $783.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,350,000
- Address: 3437 N Moorings Way, Miami
- Market: Miami
The buyer's representatives for this deal were Jennifer Goldstein and Pietro Belmonte, who can be reached at @JenniferGoldsteinfl and @PietroBelmonte, respectively. The seller's representative was Nancy Batchelor, who can be contacted at @NancyBatchelorTeam.
It is important to note that there is no additional information available regarding the property or the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$178,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,901.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,880.71
Annual Debt Service$190,568.51
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