Updated Dec 19, 2023
Douglas Elliman Acquires SFR In North Miami For $10.6M
1995 NE 118 Rd
$10,600,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 2, 2021
About this deal
AI
A single-family home located at 1995 NE 118 Rd in North Miami has been sold for a staggering price of $10,600,000. The property, a prime asset in the area, was part of a successful transaction that took place on September 2, 2021.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $10,600,000
- Address: 1995 NE 118 Rd, North Miami
- Market: North Miami
Representing the seller, Neil and Jennifer Sazant, was Julian Cohen from Jills Zeder Group at Coldwell Banker. On the buyer's side, Dina Goldentayer and Mushka Jacobson, both from Douglas Elliman, served as the buyer's representatives in this significant deal.
On the Map
$10,600,000
Single Family Residence
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Players
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
1.50%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93