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1019 Northeast 115th Street...

Belgin Egeli Acquires Biscayne Park SFR For $1.89M With Seller's Rep Frank H Navarro
SOLDSingle Family Residence

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

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.

Players

Stefano Santoro

Disruptive Real Estate

Broker

$256.8M

vol

28 deals

Broker

Biscayne Park Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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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