Patrick Salisbury Purchases Single Family Home From Walter Rios In Miami For $2.88M
SOLD
$2,884,800
Florida
See Similar DealsSingle Family Residence3,321 SF
Sold 04/28/2025
SOLD
Patrick Salisbury Purchases Single Family Home From Walter Rios In Miami For $2.88M
243 Northwest 41st Street
See Similar DealsSingle Family Residence3,321 SF
Sold 04/28/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$868
Total Square Footage:3,321 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 243 Northwest 41st Street in the Miami market. The property, which encompasses a total of 3,321 square feet, has a sale price of $2,884,800, translating to a price per square foot of $868. This residence represents new construction.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,884,800
- Buyer: Patrick Salisbury
- Seller: Walter Rios
- Broker: Frank H. Navarro - Douglas Elliman
In this transaction, the broker representing the seller, Walter Rios, is Frank H. Navarro of Douglas Elliman, who facilitated the sale between the buyer and seller. This deal marks a notable closing in the Miami real estate market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$153,856.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,249.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,675.42
Annual Debt Service$164,105.09
Is there something missing? Send suggestions