Fatma Cirpici Acquires Biscayne Park SFR For $1.07M
SOLD
$1,070,000
Florida
See Similar DealsSingle Family Residence1,599 SF
Sold 05/10/2022
SOLD
Fatma Cirpici Acquires Biscayne Park SFR For $1.07M
11403 Northeast 8th Avenue, Biscayne Park, Florida 33161, United States
See Similar DealsSingle Family Residence1,599 SF
Sold 05/10/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$669
Total Square Footage:1,599 SF
Transaction Type:Sale
A single-family home located at 11403 NE 8th Ave in Biscayne Park has been sold for a price of $1,070,000. The property spans over 1,599 square feet, resulting in a price per square foot of $669. The transaction took place on May 10, 2022. The buyer of the property is Fatma Cirpici, while the seller is Patti Alfaro.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,070,000
- Square Footage: 1,599
- Price per Square Foot: $669
- Address: 11403 NE 8th Ave
- Market: Biscayne Park
The transaction was facilitated by the brokerage firm Disruptive Real Estate, with brokers Erman Adanir and Stefano Santoro representing the parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,801.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,072.35
Annual Debt Service$60,868.15
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