Leon Diamond And Kara Rosen Acquire Single Family Home In Miami, FL For $3.1M
SOLD
Florida
See Similar DealsSingle Family Residence4,726 SF
Sold 11/05/2021
SOLD
Leon Diamond And Kara Rosen Acquire Single Family Home In Miami, FL For $3.1M
1025 Belle Meade Island Dr, Miami, Florida, USA
See Similar DealsSingle Family Residence4,726 SF
Sold 11/05/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$655
Total Square Footage:4,726 SF
Transaction Type:Sale
A single-family home located at 1025 Belle Meade Island Dr in Miami, FL, was recently sold for $3,100,000. The property spans 4,726 square feet, resulting in a price per square foot of $656.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,100,000
- Address: 1025 Belle Meade Island Dr, Miami, FL
- Market: Miami, FL
The buyer of the property was Leon Diamond and Kara Rosen, while Anthony La Forgia was the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98
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