Updated Sep 5, 2024
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
About this deal
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.
On the Map
$3,800,000
$405/SF
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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Deal FAQ
About $405 per square foot on a published $3.8M for 9,375 square feet (2022).
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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