Paul Vickers Acquires SFR In Davis Harbor, Miami Shores For $2.75M
SOLD
$2,750,000
Florida
See Similar DealsSingle Family Residence3,637 SF
Sold 02/25/2022
SOLD
Paul Vickers Acquires SFR In Davis Harbor, Miami Shores For $2.75M
1250 Northeast 87th Street, Miami, Florida 33138, United States
See Similar DealsSingle Family Residence3,637 SF
Sold 02/25/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$756
Total Square Footage:3,637 SF
Transaction Type:Sale
A single-family home located at 1250 NE 87th St in Davis Harbor, Miami Shores, has been sold.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $2,750,000
- Square Footage: 3,637
- Price Per Square Foot ($PPSF): $756
- Address: 1250 NE 87th St, Davis Harbor, Miami Shores
- Market: Davis Harbor, Miami Shores
The buyer of the property is Paul Vickers, and the seller is Josette Stamey.
Paul Vickers was represented by Frank Lustig from Keyes Company, while Josette Stamey was represented by David Pulley from Douglas Elliman.
No additional details were provided regarding the transaction.
Players
BROKERAGE
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,036.40
Annual Debt Service$156,436.84
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