Jose Moran Acquires SFR In North Miami From Claudia & Lucia Marinho For $3.8M
2052 Northeast 121st Road, North Miami, Florida 33181, United States
$3,800,000
$405/SF
Building Size
9,375 SF
Asset Type
Single Family Residence
Closing
Mar 17, 2022
AI
Located in North Miami, this single-family home at 2052 NE 121st Rd was recently sold for $3,800,000. The property spans 9,375 square feet, resulting in a price per square foot of $405. The sale took place on March 18, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,800,000
- Market: North Miami
- Square Footage: 9,375 SF
The buyer of the property was Jose Moran, while the sellers were Claudia & Lucia Marinho. The deal was facilitated by Richard Feldman of Miami Waterfront Realty, Martha Arevalo & Julian Gold of One Sotheby’s Int’l Realty. The closing attorney involved in the transaction was Ricky Guerrero, Esq. of Affiliated Closings.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93