Joseph Leon Purchases Single Family Home From Dagmar Freddy For $1.62M In Miami
2661 Southwest 25th Terrace
$1,620,000
$780/SF
Building Size
2,076 SF
Asset Type
Single Family Residence
Closing
Oct 1, 2024
AI
The property involved in this transaction is a single-family home located at 2661 Southwest 25th Terrace in the Miami market. The sale price of the property was $1,620,000, and it boasts a total square footage of 2,076. The price per square foot is calculated at $780.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,620,000
- Square Footage: 2,076
- Price per Square Foot: $780
- Buyer: Joseph Leon
- Seller: Dagmar Freddy
- Broker: Ruben Chamorro - Douglas Elliman
- Sale Date: 10/01/2024
The transaction was facilitated by broker Ruben Chamorro from Douglas Elliman, representing the seller, Dagmar Freddy, in this deal. The buyer, Joseph Leon, completed the purchase of the property on the specified date.
Players
Miami 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
9.79%
Cash-on-Cash
-2.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93