Updated Oct 29, 2024
The Firm Properties LLC Acquires SFR In Miami For $3.45M
2110 Northeast 197th Terrace
$3,450,000
$1,093/SF
Building Size
3,156 SF
Asset Type
Single Family Residence
Closing
Jan 20, 2023
About this deal
AI
The property involved in this transaction is a single-family home located at 2110 Northeast 197th Terrace in Miami. The property has a total of 4,093 square feet of space and was sold at a price of $3,450,000. The asking price for the property was $2,950,000, and the price per square foot (PPSF) is $843.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,450,000
- Address: 2110 Northeast 197th Terrace, Miami
- Market: Miami
The buyer's representative in this transaction was Adalis Carbo from The Firm Properties LLC, while the seller's representative was Karen Klein Benzaquen from Beachfront Realty.
It's worth noting that no additional information was provided regarding financing or any other significant details about the parties involved in the deal.
On the Map
$3,450,000
$1,093/SF
Single Family Residence
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Market 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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93