Alexander Sen Acquires Miami Beach SFR From Dan Coughlin In $2.4M Sale
SOLD
$2,400,000
Florida
See Similar DealsSingle Family Residence2,077 SF
Sold 12/23/2021
SOLD
Alexander Sen Acquires Miami Beach SFR From Dan Coughlin In $2.4M Sale
1220 West 21st Street, Miami Beach, FL 33140
See Similar DealsSingle Family Residence2,077 SF
Sold 12/23/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,155
Total Square Footage:2,077 SF
Transaction Type:Sale
A single-family residential property located at 1220 W 21st St in Miami Beach has been sold in a recent transaction. The property spans 2,077 square feet and was sold for a price of $2,400,000, resulting in a price per square foot of $1,156. The sale took place on December 23, 2021, with the buyer being Alexander Sen and the seller being Dan Coughlin.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,400,000
- Address: 1220 W 21st St, Miami Beach
- Market: Miami Beach
Aubrey Jardine from One Sotheby's International Realty represented the buyer, Alexander Sen, in the transaction. Juan de Jongh, from Colfax Realty Group/Fluent Realty, served as the seller's representative, representing Dan Coughlin.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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