Julien & Joanna Castel Sell Bay Harbor Islands SFR For $5.5M With Broker Mushka Jacobson
1261 99th Street, Bay Harbor Islands, FL, USA
$5,500,000
$896/SF
Building Size
6,135 SF
Asset Type
Single Family Residence
Closing
Oct 6, 2021
AI
A single-family home located at 1261 99th Street in Bay Harbor Islands recently sold for $5,500,000. The property, with a total square footage of 6,135, was listed for $5,600,000. The sale price equates to approximately $896 per square foot.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,500,000
- Address: 1261 99th Street
- Market: Bay Harbor Islands
- Seller: Julien & Joanna Castel
- Broker: Mushka Jacobson - Douglas Elliman
Mushka Jacobson from Douglas Elliman represented Julien & Joanna Castel in the transaction.
Bay Harbor Islands 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93