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1711 Northeast 197th Terrac...

Updated Dec 20, 2023

One Sotheby's International Realty Sells SFR In Coventry Estates, Miami For $1.55M
SOLDSingle Family Residence

One Sotheby's International Realty Sells SFR In Coventry Estates, Miami For $1.55M

1711 Northeast 197th Terrace, Miami, FL, USA

$1,550,000

$403/SF

Building Size

3,840 SF

Asset Type

Single Family Residence

Closing

Nov 24, 2021

About this deal

AI

Located in Coventry Estates, Miami, this recently sold single-family home offers a spacious living area measuring 3,840 square feet. The property, situated at 1711 NE 197th Ter, was sold on November 24, 2021, for a total price of $1,550,000. With a price per square foot (PPSF) of $404, this SFR has plenty of potential for its new owners.

Summary of Transaction Details

  • Property Type: SFR
  • Transaction Amount: $1,550,000
  • Address: 1711 NE 197th Ter
  • Market: Coventry Estates, Miami

The transaction was facilitated by Lydia Eskenazi and Jonathan Bigelman of One Sotheby's International Realty. With their expertise in the real estate market, they successfully represented the parties involved in this deal.

Players

Lydia Eskenazi

Sotheby's International Realty

Broker

$218.2M

vol

24 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $403 per square foot on a published $1.6M for 3,840 square feet (2021).

Visit Jonathan Bigelman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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