Michael Colletto Acquires North Miami SFR For $3.3M With Buyer's Rep Priscilla Haisley
13195 Biscayne Island Terrace, North Miami, Florida 33181, United States
$3,300,000
$1,022/SF
Building Size
3,228 SF
Asset Type
Single Family Residence
Closing
Apr 6, 2022
AI
Located in North Miami, this single-family home was recently sold at 13195 Biscayne Island Terrace. The property spans approximately 3,228 square feet and was sold for $3,300,000, resulting in a price per square foot of $1,022. The transaction took place on April 7, 2022. The buyer of the property was Michael Colletto, while the seller was Vilma Vilarino. Priscilla Haisley from Luxe Properties represented the buyer on this deal.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,300,000
- Date: 04/07/2022
- Address: 13195 Biscayne Island Terrace
- Market: North Miami
Priscilla Haisley from Luxe Properties played a key role in facilitating the transaction as the buyer's representative. It's worth noting that the property was sold at a remarkable price per square foot, reflecting its desirability in the market.
North Miami 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93