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1995 NE 118 Rd

Douglas Elliman Acquires SFR In North Miami For $10.6M
SOLDSingle Family Residence

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

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.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.6B

vol

92 deals

Broker
Coldwell Banker
Coldwell BankerBrokerage
Neil S Sazant

Neil S Sazant

Seller

$105.7M

vol

4 deals

Seller

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