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
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