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
$1,025,000
$714/SF
Building Size
1,434 SF
Asset Type
Single Family Residence
Closing
Feb 10, 2023
AI
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
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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93