Luxe Properties Acquires SFR In North Miami For $4.35M With Brokers Jessica Wolf & Vincent Diaz
SOLD
$4,350,000
Florida
See Similar DealsSingle Family Residence5,249 SF
Sold 06/28/2023
SOLD
Luxe Properties Acquires SFR In North Miami For $4.35M With Brokers Jessica Wolf & Vincent Diaz
12940 North Bayshore Drive
See Similar DealsSingle Family Residence5,249 SF
Sold 06/28/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$828
Total Square Footage:5,249 SF
Transaction Type:Sale
A Single Family Home located at 12940 North Bayshore Drive in North Miami has been sold for a price of $4,350,000. The property spans across 5,249 square feet, resulting in a price per square foot of $829.
Summary of transaction details
- Property Type: Single Family Home
- Transaction Amount: $4,350,000
- Square Footage: 5,249
- Price per Square Foot: $829
- Address: 12940 North Bayshore Drive, North Miami
- Market: North Miami
Jessica Wolf and Vincent Diaz, representing Luxe Properties, were the brokers involved in the transaction.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$232,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,454.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,621.22
Annual Debt Service$247,454.63
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