Jonathan Bigelman Of One Sotheby's International Realty Sells Single Family Home In Pompano Beach For $2.35M
SOLD
$2,350,000
Florida
See Similar DealsSingle Family Residence2,176 SF
Sold 09/11/2024
SOLD
Jonathan Bigelman Of One Sotheby's International Realty Sells Single Family Home In Pompano Beach For $2.35M
228 Southeast 3rd Terrace
See Similar DealsSingle Family Residence2,176 SF
Sold 09/11/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,080
Total Square Footage:2,176 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 228 Southeast 3rd Terrace in Pompano Beach, which sold for $2,350,000. The home has a total square footage of 2,176 and a price per square foot of $1,079.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,350,000
- Address: 228 Southeast 3rd Terrace
- Market: Pompano Beach
- Square Footage: 2,176
- Price per Square Foot: $1,079
- Broker: Jonathan Bigelman - One Sotheby's International Realty
Jonathan Bigelman represented the sale of the property and is affiliated with One Sotheby's International Realty, highlighting the professional involvement in the transaction. This ensures a connection with an established agency known in the market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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