Wilfredo Valle Purchases Miami Single Family Home From Arnold And Melvin Grappell For $2.75M
SOLD
$2,750,000
Florida
See Similar DealsSingle Family Residence5,367 SF
Sold 06/02/2025
SOLD
Wilfredo Valle Purchases Miami Single Family Home From Arnold And Melvin Grappell For $2.75M
10504 Southwest 129th Terrace
See Similar DealsSingle Family Residence5,367 SF
Sold 06/02/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$512
Total Square Footage:5,367 SF
Transaction Type:Sale
This single-family asset is located at 10504 & 10505 Southwest 129th Terrace in the Miami market. The property was sold for $2,750,000 and encompasses a total square footage of 5,367, translating to a price per square foot of $512.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,750,000
- Address: 10504 & 10505 Southwest 129th Terrace
- Market: Miami
- Square Footage: 5,367
- Price Per Square Foot: $512
- Buyer: Wilfredo Valle
- Seller: Arnold Grappell & Melvin Grappell
- Buyer's Representative: Gabriela Burke - Empire State Realty
- Listing Agent: Alexandra Zeidan
Wilfredo Valle was the buyer, while the sellers were Arnold Grappell and Melvin Grappell. Gabriela Burke from Empire State Realty acted as the buyer's representative, and Alexandra Zeidan served as the listing agent for this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,036.40
Annual Debt Service$156,436.84
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