Fabio Visconti, Rising Global Realty, Acquires SFR In Keystone Estates, North Miami For $4.8M
SOLD
$4,824,000
Florida
See Similar DealsSingle Family Residence4,658 SF
Sold 09/07/2022
SOLD
Fabio Visconti, Rising Global Realty, Acquires SFR In Keystone Estates, North Miami For $4.8M
2050 South Hibiscus Drive, North Miami, Florida 33181, United States
See Similar DealsSingle Family Residence4,658 SF
Sold 09/07/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,035
Total Square Footage:4,658 SF
Transaction Type:Sale
A single-family home located at 2050 S Hibiscus Dr in Keystone Estates, North Miami, has been sold for a price of $4,824,000. The property spans 4,658 square feet, resulting in a price per square foot of $1,036. The transaction took place on September 7, 2022.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $4,824,000
- Address: 2050 S Hibiscus Dr
- Market: Keystone Estates, North Miami
- Buyer's Representative: Fabio Visconti - Rising Global Realty
- Seller's Representative: Patrick Vysata - Luxe Living Miami
Fabio Visconti from Rising Global Realty represented the buyer in this transaction, while Patrick Vysata from Luxe Living Miami acted as the seller's representative. The deal was finalized on September 7, 2022.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$257,280.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,138.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,868.22
Annual Debt Service$274,418.65
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