Updated Dec 20, 2023
David & Caroline Cardenas Sell Miami Shores SFR For $1.65M With Broker Nathan Atchison
1181 Northeast 97th Street, Miami Shores, Florida 33138, United States
$1,650,000
$806/SF
Building Size
2,046 SF
Asset Type
Single Family Residence
Closing
Mar 30, 2022
About this deal
AI
The property asset involved in this transaction is a Single-Family Home located at 1181 NE 97th St in Miami Shores. The property has a total square footage of 2,046 and was sold for a price of $1,650,000, resulting in a price per square foot of $806.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $1,650,000
- Date: 03/31/2022
- Market: Miami Shores
- Seller: David & Caroline Cardenas
- Broker: Nathan Atchison - Douglas Elliman
- Designer Builder: Max Albert
- Investor: Sanjesh Sharma - New Ventures INC
Nathan Atchison, representing Douglas Elliman, facilitated the sale of the property. Additionally, Max Albert, an experienced designer builder, was involved in the transaction. The property was purchased by Sanjesh Sharma, who represents New Ventures INC as the investor. These key individuals and companies played crucial roles in the successful completion of the deal.
Players
Miami Shores 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93