Kathrin Rein Represents Sale Of Coconut Grove SFR For $3.2M
2800 Emathla Street, Northeast Coconut Grove, Miami, FL, USA
$3,200,000
$847/SF
Building Size
3,776 SF
Asset Type
Single Family Residence
Closing
Apr 29, 2021
AI
A single-family home located at 2800 Emathla Street in Coconut Grove was recently sold in a closed transaction. The property, featuring 3,776 square feet of living space, was listed for an asking price of $3,200,000. The sale was facilitated by broker Kathrin Rein, and the final sale price matched the asking price of $3,200,000. With a lot size of 0.23 acres, the property offers ample space for outdoor activities and landscaping. This transaction represents a successful sale in the Coconut Grove market.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $3,200,000
- Square Footage: 3,776
- Address: 2800 Emathla Street, Coconut Grove
Kathrin Rein, a reputable broker, played a pivotal role in this closed transaction. Her expertise and guidance ensured a smooth process for both the buyer and seller. The successful sale of this single-family home at 2800 Emathla Street highlights the value and attractiveness of properties in the Coconut Grove market.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93