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Ocean Ridge SFR Sold For $3.4M By Valerie Coz, Michael Weiss, & Lisa Wennick – Douglas Elliman

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SOLD
$3,425,000

Florida

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Single Family Residence5,200 SF
Sold 09/24/2020
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Property Image
SOLD

Ocean Ridge SFR Sold For $3.4M By Valerie Coz, Michael Weiss, & Lisa Wennick – Douglas Elliman

19 Hudson Ave, Ocean Ridge, FL 33435, USA

See Similar Deals
Single Family Residence5,200 SF
Sold 09/24/2020
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$658
Total Square Footage:5,200 SF
Transaction Type:Sale

A Single Family Residential (SFR) property located at 19 Hudson Avenue in Ocean Ridge was recently sold for $3,425,000. The property spans 5,200 square feet, resulting in a price per square foot of $659.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,425,000
  • Square Footage: 5,200
  • Price per Square Foot: $659
  • Address: 19 Hudson Avenue, Ocean Ridge
  • Market: Ocean Ridge

The sale of this property was facilitated by Valerie Coz, Michael Weiss, and Lisa Wennick from Douglas Elliman.

Players

Lisa Wennick
1 deal$3.4M volume(843) 329-9930
BROKER

Michael Weiss
Douglas Elliman
3 deals$7.7M volume(561) 573-7592
BROKER

Valerie Coz
1 deal$3.4M volume
BROKER

Details

SOLD
IMAGE: IMAGE: Valerie Coz, Michael Weiss, & Lisa Wennick⁠ DATE: 09/24/2020⁠ ADDRESS: 19 Hudson Avenue⁠ MARKET: Ocean Ridge⁠ ASSET TYPE: SFR⁠ PRICE: $3,425,000⁠ SF: 5,200 / PPSF: $659⁠ BROKERS: Valerie Coz, Michael Weiss, & Lisa Wennick – Douglas Elliman⁠

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

$182,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,168.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,236.25
Annual Debt Service$194,834.97