Avisha Kassir Acquires Miami Multifamily For $1.1M
SOLD
$1,100,000
Florida
See Similar DealsMultiFamily2,383 SF
Sold 06/01/2023
SOLD
Avisha Kassir Acquires Miami Multifamily For $1.1M
415 NW 52nd St Miami, FL 33127, USA
See Similar DealsMultiFamily2,383 SF
Sold 06/01/2023
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$461
Total Square Footage:2,383 SF
Transaction Type:Sale
The multifamily property located at 415 Northwest 52nd Street in Miami has been sold for a total price of $1,100,000. The property consists of two units, resulting in a price per unit of $550,000. The total square footage of the property is 2,383, with a price per square foot of $462.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Units: 2
- Price per Unit: $550,000
- Square Footage: 2,383
- Price per Square Foot: $462
- Address: 415 Northwest 52nd Street, Miami
The sale of this multifamily property was facilitated by Avisha Kassir from Douglas Elliman. Avisha Kassir represented either the buyer or the seller in this transaction, ensuring a smooth and successful deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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