David Cohen Acquires Single Family Home From David Njoku In Miami For $2.2M
1941 Northeast 197th Terrace
$2,200,000
$461/SF
Building Size
4,771 SF
Asset Type
Single Family Residence
Closing
Dec 3, 2024
AI
The property involved in this transaction is a single-family home located at 1941 Northeast 197th Terrace in the Miami market. The sale price of the property was $2,200,000, encompassing a total square footage of 4,771, which translates to a price per square foot of $461.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,200,000
- Address: 1941 Northeast 197th Terrace
- Market: Miami
- Square Footage: 4,771
- Price Per Square Foot: $461
- Buyer: David Cohen
- Seller: David Njoku
- Buyer's Representative: Brandee Goldstein - Compass
- Seller's Representative: Perla Valenzuela - Scope Realty LLC
The key individuals involved in this transaction include the buyer, David Cohen, and the seller, David Njoku. The buyer was represented by Brandee Goldstein from Compass, while the seller was represented by Perla Valenzuela from Scope Realty LLC.
Players
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93