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Diego Ribadeneira & Helena Ribadeneira Acquire Miscellaneous Property In Miami, FL For $3.17M

Property Image
SOLD
$3,175,000

Florida

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Sold 01/12/2022
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Property Image
SOLD

Diego Ribadeneira & Helena Ribadeneira Acquire Miscellaneous Property In Miami, FL For $3.17M

7801 Northwest 7th Street, Miami, Florida 33126, United States

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Other
Sold 01/12/2022
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Summary

FLORIDA
Asset Type:Other
Transaction Type:Sale

The closed property transaction took place on January 12, 2022, in Miami, FL. The property, located at 7801 Nw 7th Ave, was sold for a total of $3,175,000.

Summary of transaction details

  • Property Type: Miscellaneous
  • Transaction Amount: $3,175,000

The buyers in this transaction were Diego Ribadeneira and Helena Ribadeneira, while the seller was Jose A. Sbarra.

Players

JS
Jose A. Sbarra
2 deals$6.4M volume
SELLER

Details

SOLD
IMAGE: 01/12/2022 ADDRESS: 7801 Nw 7th Ave MARKET: Miami, FL ASSET TYPE: Miscellaneous BUYER: Diego Ribadeneira & Helena Ribadeneira SELLER: Jose A. Sbarra PRICE: $3,175,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$169,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,280.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,051.12
Annual Debt Service$180,613.44