Updated Oct 28, 2024
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
$2,999,900
$516/SF
Building Size
5,805 SF
Asset Type
Single Family Residence
Closing
Nov 5, 2021
About this deal
AI
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.
On the Map
$2,999,900
$516/SF
Single Family Residence
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Players
Miami Lakes Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $516 per square foot on a published $3M for 5,805 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93