Noah & Jennifer Singerman Acquire Coconut Grove Townhome On Gifford Lane For $1.6M
3132 Gifford Lane, Miami, Florida 33133, United States
$1,600,000
$625/SF
Building Size
2,560 SF
Asset Type
Other
Closing
Jun 15, 2022
AI
A townhome located at 3132 Gifford Lane in Coconut Grove has been sold for $1,600,000. The property spans 2,560 square feet, resulting in a price per square foot of $625. The sale was completed on 06/16/2022.
Summary of transaction details
- Property Type: Townhome
- Transaction Amount: $1,600,000
- Address: 3132 Gifford Lane
- Market: Coconut Grove
The buyer of the townhome is Noah & Jennifer Singerman, while the seller is Brian K. Bartlett & Suzanne R. Bartlett. The buyer's representative in the deal was Derek Varona from Sea Grove Realty, and the seller's representative was Corey Schwartz from Gravity Real Estate, Side.
Players
Miami 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93