Jeffrey L. Kluger & Gary A. Kluger Acquire Other Vacant Property In Miami, FL For $2.75M
SOLD
Florida
See Similar DealsOther
Sold 01/20/2022
SOLD
Jeffrey L. Kluger & Gary A. Kluger Acquire Other Vacant Property In Miami, FL For $2.75M
35 Northeast 17th Terrace, mia
See Similar DealsOther
Sold 01/20/2022
Summary
FLORIDA
Asset Type:Other
Transaction Type:Sale
The property involved in this transaction is located at 35 NE 17th Ter, Miami, FL. It is an Other type of property that was sold on January 20, 2022. The property was vacant at the time of the transaction. The sale price for the property was $2,752,500.
Summary of transation details
- Property Type: Other
- Transaction Amount: $2,752,500
- Market: Miami, FL
Jeffrey L. Kluger and Gary A. Kluger were the buyers in this transaction, while Steven Goodman and Joyce Goodman were the sellers. The buyers' representatives were not mentioned in the provided information. No additional details about the deal's key individuals or companies were provided.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,779.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,048.25
Annual Debt Service$156,579.05
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