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MadSof Dev Sells SFR In Miami Lakes For $2.9M From Seller Reps Douglas Elliman & Compass

Property Image
SOLD
$2,999,900
JC Caceres
Karl Hueck
+ 1

Florida

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Single Family Residence5,805 SF
Sold 11/05/2021
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Property Image
SOLD

MadSof Dev Sells SFR In Miami Lakes For $2.9M From Seller Reps Douglas Elliman & Compass

16020 East Troon Circle, Miami Lakes, FL 33014, USA

See Similar Deals
Single Family Residence5,805 SF
Sold 11/05/2021
JC Caceres
Karl Hueck
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$516
Total Square Footage:5,805 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 16020 E Troon Circle in Miami Lakes. The property spans 5,805 square feet and was sold for a price of $2,999,900, resulting in a price per square foot of $517. The sale took place on 11/05/2021.

Summary of Transation Details

  • Property Type: SFR
  • Transaction Amount: $2,999,900
  • Address: 16020 E Troon Circle
  • Market: Miami Lakes

The seller of the property is Mario Penzo, representing MadSof Dev. The seller's representatives in the deal were Luis Domingez from Douglas Elliman and Karl Hueck from Compass. The buyer representatives were Vanessa Bagley and JC Caceres.

Players

Luis Dominguez
7 deals$21.1M volume
BROKER

Karl Hueck
8 deals$22.7M volume
BROKER

JC Caceres
Douglas Elliman
1 deal$3M volume
BROKER

Vanessa Bagley
Douglas Elliman
1 deal$3M volume
BROKER

Details

SOLD
IMAGE: Karl Hueck, Mario Penzo & Luis Domingez DATE: 11/05/2021 ADDRESS: 16020 E Troon Circle MARKET: Miami Lakes ASSET TYPE: SFR SELLER: Mario Penzo (@M.Penzo) - MadSof Dev SELLER REP: Luis Domingez (@LuisDominguezMiami) - Douglas Elliman & Karl Hueck (@KarlHueck) - Compass (@Compass) BUYER REP: Vanessa Bagley & JC Caceres ASKING PRICE: $2,999,900 SALE PRICE: $2,999,900 SF: 5,805 ~ PPSF: $517

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$159,994.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.06
Annual Debt Service$170,652.68