Joseph Leon Purchases Single Family Home From Dagmar Freddy For $1.62M In Miami
SOLD
$1,620,000
Florida
See Similar DealsSingle Family Residence2,076 SF
Sold 10/01/2024
SOLD
Joseph Leon Purchases Single Family Home From Dagmar Freddy For $1.62M In Miami
2661 Southwest 25th Terrace
See Similar DealsSingle Family Residence2,076 SF
Sold 10/01/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$780
Total Square Footage:2,076 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,755.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,679.63
Annual Debt Service$92,155.52
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