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1932 Northeast 118th Road, ...

Globalty Investment LLC Acquires SFR In Miami's Sans Souci Estates For $3.6M
SOLDSingle Family Residence

Globalty Investment LLC Acquires SFR In Miami's Sans Souci Estates For $3.6M

1932 Northeast 118th Road, North Miami, FL, USA

$3,600,000

$993/SF

Building Size

3,624 SF

Asset Type

Single Family Residence

Closing

Sep 30, 2021

AI

A single-family residence located at 1932 NE 118th Rd in Miami's Sans Souci Estates has been sold. The property was purchased on September 30, 2021, for a sale price of $3,600,000. The house spans approximately 3,624 square feet, resulting in a price per square foot of $993.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,600,000
  • Address: 1932 NE 118th Rd
  • Market: Miami - Sans Souci Estates

The buyer's representative for this transaction was Nicolas Coudene from Globalty Investment LLC, while the seller's representative was Armando Romero from Broker Nation Real Estate.

Please note that no additional information is available regarding the property or individuals involved in the deal.

Players

Armando Romero

Broker

$59.5M

vol

3 deals

Broker

North Miami 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

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93