Updated Oct 28, 2024
Roy & Kelley Living Trust Sells Miami Shores SFR For $3.7M With Broker Yishai Sinai - Biscayne Advisors
1280 Northeast 101st Street, Miami Shores, Florida 33138, United States
$3,700,000
$827/SF
Building Size
4,472 SF
Asset Type
Single Family Residence
Closing
Feb 6, 2022
About this deal
AI
The property involved in this closed transaction is a Single Family Residence (SFR) located at 1280 NE 101st St in Miami Shores. The property spans 4,472 square feet and was sold by the Roy & Kelley Living Trust. The transaction was facilitated by Yishai Sinai of Biscayne Advisors, who acted as the broker representing the seller. The sale price for the property was $3,700,000, resulting in a price per square foot of $827.
Summary of transaction details
- Property Type: Single Family Residence (SFR)
- Transaction Amount: $3,700,000
- Square Footage: 4,472
- Address: 1280 NE 101st St
- Market: Miami Shores
This transaction highlights the involvement of Yishai Sinai from Biscayne Advisors, who represented the Roy & Kelley Living Trust as the seller's broker. Their expertise and negotiation skills played a crucial role in facilitating the sale of this SFR property in Miami Shores.
Miami Shores 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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93