Takashi Oyagi Acquires Fort Lauderdale Townhouse From Anissa Holmes
SOLD
Florida
See Similar DealsOther2,658 SF
Sold 06/20/2022
SOLD
Takashi Oyagi Acquires Fort Lauderdale Townhouse From Anissa Holmes
1705 Northeast 5th Street, Fort Lauderdale, Florida 33301, United States
See Similar DealsOther2,658 SF
Sold 06/20/2022
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$449
Total Square Footage:2,658 SF
Transaction Type:Sale
A townhouse located at 1705 NE 5th St in Fort Lauderdale was recently sold for $1,195,000. The property spans 2,658 square feet, resulting in a price per square foot of $450. The sale was completed on June 20, 2022, with Jennifer Azan of Related ISG International Realty representing both the buyer, Takashi Oyagi, and the seller, Anissa Holmes.
Summary of transaction details
- Property Type: Townhouse
- Transaction Amount: $1,195,000
- Date: 06/20/2022
- Address: 1705 NE 5th St
- Market: Fort Lauderdale
- Buyer: Takashi Oyagi
- Seller: Anissa Holmes
- Broker: Jennifer Azan - Related ISG International Realty
- Square Footage: 2,658
- Price per Square Foot: $450
Jennifer Azan, from Related ISG International Realty, facilitated the transaction between Takashi Oyagi and Anissa Holmes. The sale of this townhouse signifies a successful deal in the Fort Lauderdale market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,245.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,664.91
Annual Debt Service$67,978.92
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