Updated Oct 28, 2024
Robert Fernand Acquires SFR In Plantation Acres For $2.35M
12351 Northwest 5th Street, Plantation, Florida 33325, United States
$2,350,000
$479/SF
Building Size
4,900 SF
Asset Type
Single Family Residence
Closing
Mar 22, 2022
About this deal
AI
A single-family residential property located at 12351 NW 5th St in Plantation Acres has been sold for $2,350,000. The property spans approximately 4,900 square feet, resulting in a price per square foot of $480.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $2,350,000
- Date: 03/23/2022
- Market: Plantation Acres
The buyer of the property is Robert Fernand, while the seller is Rhino Homes. The transaction was facilitated by two brokers, David Pulley from Douglas Elliman and Dianna Hopkins from Compass Florida.
On the Map
$2,350,000
$479/SF
Single Family Residence
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Players
Plantation Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $479 per square foot on a published $2.4M for 4,900 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93