Updated Dec 21, 2023
Belgin Egeli Acquires Biscayne Park SFR For $1.89M With Seller's Rep Frank H Navarro
1019 Northeast 115th Street, Biscayne Park, Florida 33161, United States
$1,890,000
$574/SF
Building Size
3,289 SF
Asset Type
Single Family Residence
Closing
May 4, 2022
About this deal
AI
A single-family home located at 1019 NE 115th St in Biscayne Park has been sold for $1,890,000. The property spans approximately 3,289 square feet, resulting in a price per square foot of $575. The transaction took place on May 5, 2022, and the sale was facilitated by Frank H Navarro from Douglas Elliman, representing the seller, John Childress. On the buyer's side, Belgin Egeli acquired the property, with representation provided by Erman Adanir and Stefano Santoro from Disruptive Real Estate.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $1,890,000
- Address: 1019 NE 115th St
- Market: Biscayne Park
- Asset Type: SFR
The transaction involved several key individuals and companies. John Childress acted as the seller, represented by Frank H Navarro from Douglas Elliman. Belgin Egeli, the buyer in the deal, was assisted by the team of Erman Adanir and Stefano Santoro from Disruptive Real Estate.
On the Map
$1,890,000
$574/SF
Single Family Residence
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Players
Biscayne Park Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $574 per square foot on a published $1.9M for 3,289 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.39%
Cash-on-Cash
-2.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93