Goldman Residential Group Facilitates $3.9M Sale Of Pinecrest SFR To William Gomez - Moller & Daniella Vilar
SOLD
$3,875,000
Florida
See Similar DealsSingle Family Residence4,348 SF
Sold 03/28/2022
SOLD
Goldman Residential Group Facilitates $3.9M Sale Of Pinecrest SFR To William Gomez - Moller & Daniella Vilar
11040 Southwest 69th Avenue, Miami, Florida 33156, United States
See Similar DealsSingle Family Residence4,348 SF
Sold 03/28/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$891
Total Square Footage:4,348 SF
Transaction Type:Sale
The recently closed property transaction in Pinecrest involved the sale of a single-family home located at 11040 SW 69th Ave. The property, spanning 4,348 square feet, was sold for a total sale price of $3,875,000. With a price per square foot of $891, this transaction highlights the desirability and value of the property in the Pinecrest market.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,875,000
- Address: 11040 SW 69th Ave
- Market: Pinecrest
The buyers in this transaction are William Gomez and Daniella Vilar, represented by Moller & Daniella Vilar. The sellers are Jose Luis Vargas and Elizabeth Murray Vargas. The deal was facilitated by brokers Evan Goldman and Hazel Goldman from the Goldman Residential Group, who worked with all parties involved to successfully close the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$206,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,767.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,369.48
Annual Debt Service$220,433.72
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