Real Capital Analytics Acquires Single Family Property In Fort Lauderdale For $5.25M
SOLD
$5,250,000
Florida
See Similar DealsSingle Family Residence3,888 SF
Sold 04/12/2021
SOLD
Real Capital Analytics Acquires Single Family Property In Fort Lauderdale For $5.25M
2900 Northeast 24th Court, Fort Lauderdale, FL, USA
See Similar DealsSingle Family Residence3,888 SF
Sold 04/12/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,350
Total Square Footage:3,888 SF
Transaction Type:Sale
The single-family property located at 2900 Northeast 24th Court in Fort Lauderdale has been sold in a recent transaction. The property spans 3,888 square feet and was sold for a price of $5,250,000, equating to approximately $1,350 per square foot.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,250,000
- Market: Fort Lauderdale
- Buyer: Robert M. White, Jr. - Real Capital Analytics
- Seller: Bobby L. Williams & Puay-Hua Soh
- Buyer's Representative: Carlos Costa - Charles Rutenberg Realty
- Seller's Representative: Amy Talkow - Listingly
The buyer, Robert M. White, Jr. of Real Capital Analytics, acquired the property from Bobby L. Williams & Puay-Hua Soh. The buyer was represented by Carlos Costa of Charles Rutenberg Realty, while the seller was represented by Amy Talkow of Listingly.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
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