Howard, Jill & Eva Wittels Acquire SFR In Miami For $1.025M With Buyer's Rep Kristin Hess & Seller's Rep Samantha Scalzo
SOLD
$1,025,000
Florida
See Similar DealsSingle Family Residence1,434 SF
Sold 02/10/2023
SOLD
Howard, Jill & Eva Wittels Acquire SFR In Miami For $1.025M With Buyer's Rep Kristin Hess & Seller's Rep Samantha Scalzo
241 Southwest 31st Road
See Similar DealsSingle Family Residence1,434 SF
Sold 02/10/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$714
Total Square Footage:1,434 SF
Transaction Type:Sale
The single-family home located at 241 Southwest 31st Road in Miami has been sold for a price of $1,025,000. The property spans across 1,434 square feet, resulting in a price per square foot of $715. The transaction took place on February 10, 2023.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,025,000
- Address: 241 Southwest 31st Road, Miami
- Market: Miami
The buyers of the property are Howard, Jill, and Eva Wittels. The sellers of the property are Roberto and Fernanda Salazar. Kristin Hess from Fortune Christie's International Real Estate represented the buyers, while Samantha Scalzo from S&S Global represented the sellers in this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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