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1360 98th Street, Bay Harbo...

Jerry Wolasky Acquires SFR At 1360 98th St, Bay Harbor Islands For $5.5M
SOLDSingle Family Residence

Jerry Wolasky Acquires SFR At 1360 98th St, Bay Harbor Islands For $5.5M

1360 98th Street, Bay Harbor Islands, Florida 33154, United States

$5,500,000

$1,296/SF

Building Size

4,242 SF

Asset Type

Single Family Residence

Closing

May 15, 2022

AI

A single-family residence located at 1360 98th St in Bay Harbor Islands has been sold in a recent transaction. The property spans 4,242 square feet and was sold for a total price of $5,500,000. This calculates to a price per square foot of $1,297.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,500,000
  • Date: 05/16/2022
  • Address: 1360 98th St, Bay Harbor Islands
  • Market: Bay Harbor Islands
  • Buyer: Jerry Wolasky
  • Seller: Yaakov Pollak
  • Zalmy Shapiro & Joel Lusky from The Brokerage and Allen Davoudpour from Compass represented the buyer and seller in this deal.

Notable individuals involved in this transaction include Zalmy Shapiro, Joel Lusky, and Allen Davoudpour. They played a role as brokers, representing the buyer and seller respectively.

Players

Zalmy Shapiro

The Brokerage South Florida Real Estate

Broker

$288.3M

vol

33 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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