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1270 98th Street, Bay Harbo...

Stuart Schwadron & Stacey Ciulla Schwadron Acquire Bay Harbor Islands SFR For $4.8M
SOLDSingle Family Residence

Stuart Schwadron & Stacey Ciulla Schwadron Acquire Bay Harbor Islands SFR For $4.8M

1270 98th Street, Bay Harbor Islands, Florida

$4,800,000

$888/SF

Building Size

5,400 SF

Asset Type

Single Family Residence

Closing

Mar 31, 2022

AI

Located in Bay Harbor Islands, this single-family home at 1270 98th St has been sold in a recent transaction. The property spans approximately 5,400 square feet, offering ample space for its new owners. The sale price for this SFR property was $4,800,000, resulting in a price per square foot of $889.

Summary of transaction details:

The transaction was facilitated by Brett Harris from Douglas Elliman Real Estate, representing the buyer, Stuart Schwadron & Stacey Ciulla Schwadron. On the other side, Lydia Eskenazi, PA from One Sotheby's International Realty served as the seller's representative, assisting Anita Bigelman in the sale.

Players

Brett Harris

Douglas Elliman

Broker

$590M

vol

16 deals

Broker

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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93