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John & Donna D'Eri Acquire Pompano Beach SFR For $3.85M

Property Image
SOLD
$3,850,000
Andrea Patnik

Florida

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Single Family Residence6,613 SF
Sold 02/18/2022
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Property Image
SOLD

John & Donna D'Eri Acquire Pompano Beach SFR For $3.85M

2770 Northeast 23rd Court, Pompano Beach, Florida 33064, United States

See Similar Deals
Single Family Residence6,613 SF
Sold 02/18/2022
Andrea Patnik
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$582
Total Square Footage:6,613 SF
Transaction Type:Sale

A single-family residential property located at 2770 NE 23rd Ct in Pompano Beach has been sold for a price of $3,850,000. The property spans 6,613 square feet, resulting in a price per square foot of $582. The transaction took place on February 18, 2022. The property was purchased by John & Donna D'Eri.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $3,850,000
  • Date: February 18, 2022
  • Address: 2770 NE 23rd Ct, Pompano Beach
  • Market: Pompano Beach
  • Square Footage: 6,613
  • Price per Square Foot: $582

The buyers, John & Donna D'Eri, were represented by Andrea Patnik from Better Homes and Gardens RE. The sellers of the property were Anne Marie Van Der Velde and Florence Sharp. Reed Kellough from Compass represented the sellers in the transaction.

Players

Andrea Patnik
2 deals$5.7M volume
BROKER

Reed Kellough
Compass
1 deal$3.9M volume
BROKER

Details

SOLD
IMAGE: Andrea Patnik DATE: 02/18/2022 ADDRESS: 2770 NE 23rd Ct MARKET: Pompano Beach ASSET TYPE: SFR BUYER: John & Donna D'Eri SELLER: Anne Marie Van Der Velde & Florence Sharp BUYER'S REP: Andrea Patnik (@Andrea_Patnik_Sofla_Realtor) - Better Homes and Gardens RE SELLER'S REP: Reed Kellough - Compass SALE PRICE: $3,850,000 SF: 6,613 ~ PPSF: $582

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$205,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,678.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,250.96
Annual Debt Service$219,011.57