Leom M. Hirzel & Antonio Cano Acquire Other Condos In Miami For $2.05M
SOLD
$2,050,000
Florida
See Similar DealsOther2,163 SF
Sold 04/21/2022
SOLD
Leom M. Hirzel & Antonio Cano Acquire Other Condos In Miami For $2.05M
8726 Southwest 26th Street, Miami, Florida 33155, United States
See Similar DealsOther2,163 SF
Sold 04/21/2022
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$947
Total Square Footage:2,163 SF
Transaction Type:Sale
Located at 8726 NW 26th St in Miami, FL, this property is an Other Condo with a total square footage of 2,163. The transaction took place on April 21, 2022, with a sale price of $2,050,000. The price per square foot for this property is $947.
Summary of transaction details
- Property Type: Other Condos
- Transaction Amount: $2,050,000.00
- Address: 8726 Nw 26th St, Miami, FL
- Square Footage: 2,163
- Price per Square Foot: $947
The buyers of this property were Leom M. Hirzel and Antonio Cano. They acquired the property from the sellers, Anthony T. DeRosa and Phyllis McHenry.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$109,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,283.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,718.05
Annual Debt Service$116,616.55
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