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11403 Northeast 8th Avenue,...

Fatma Cirpici Acquires Biscayne Park SFR For $1.07M
SOLDSingle Family Residence

Fatma Cirpici Acquires Biscayne Park SFR For $1.07M

11403 Northeast 8th Avenue, Biscayne Park, Florida 33161, United States

$1,070,000

$669/SF

Building Size

1,599 SF

Asset Type

Single Family Residence

Closing

May 9, 2022

AI

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.

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

14.83%

Cash-on-Cash

-4.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93