Glen Goldberg Acquires Miscellaneous Property In Miami For $2.5M
20 Lafayette Drive, Miami Springs, Florida 33166, United States
$2,500,000
Building Size
—
Asset Type
Other
Closing
Jan 12, 2022
About this deal
AI
The miscellaneous property located at 20 NW 41st St in Miami, FL was sold on January 13, 2022. The property was sold for a total price of $2,500,000. The buyer of the property was Glen Goldberg, while the seller was Michael J. Courtney.
Summary of transaction details
- Property Type: Miscellaneous
- Transaction Amount: $2,500,000
- Address: 20 NW 41st St, Miami, FL
Glen Goldberg represented himself as the buyer in this transaction, while Michael J. Courtney represented himself as the seller.
The other sale at 20 Lafayette Drive, Miami Springs, Florida 33166, United States in Virginia Gardens, Florida sold for $2.5M in 2022. 20 Lafayette Drive, Miami Springs, Florida 33166, United States is classified as Other on Traded. This page is the Virginia Gardens, Florida file for the 20 Lafayette Drive, Miami Springs, Florida 33166, United States other sold: pricing, party profiles, and other closed other comps from the same Virginia Gardens sit in the Market section below. Filter that Virginia Gardens other set by closing date to see what else sold near 20 Lafayette Drive, Miami Springs, Florida 33166, United States around 2022. Published consideration for 20 Lafayette Drive, Miami Springs, Florida 33166, United States is $2.5M, dated 2022. Cite this Glen Goldberg Acquires Miscellaneous Property In Miami For $2.5M sale when underwriting similar other product around Virginia Gardens, Florida.
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Virginia Gardens Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93