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2831 Northeast 6th Avenue

Andreus Kavalos Purchases Single Family Residence In Wilton Manors For $1.05M From Donald Mackey And Allan Wareham
SOLDSingle Family Residence

Andreus Kavalos Purchases Single Family Residence In Wilton Manors For $1.05M From Donald Mackey And Allan Wareham

2831 Northeast 6th Avenue

$1,050,000

$268/SF

Building Size

3,912 SF

Asset Type

Single Family Residence

Closing

Mar 15, 2025

AI

The property asset involved in this transaction is a single-family residence located at 2831 Northeast 6th Avenue in the Wilton Manors market. The transaction was closed at a price of $1,050,000.00 and encompasses a total square footage of 3,912.0.

Summary of transation details:

This transaction involved key individuals and companies such as the buyer, Andreus Kavalos, who acquired the property from sellers Donald Mackey and Allan Wareham. The deal was facilitated by Grigoriy Stepanyan and Brian McCarthy, both representing the sellers under Grandiose Real Estate.

Players

Grigoriy Stepanyan

Grandiose Real Estate

Broker

$3.6M

vol

3 deals

Broker

Wilton Manors Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93