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Graber Realty Group Acquires Single Family Home In Eastern Shores, North Miami Beach For $3.45M

Property Image
SOLD
$3,450,000
Shane Graber
Alan Chocron

Florida

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Single Family Residence5,531 SF
Sold 12/17/2021
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Property Image
SOLD

Graber Realty Group Acquires Single Family Home In Eastern Shores, North Miami Beach For $3.45M

2960 NE 164 St, North Miami Beach, Florida 33160, United States

See Similar Deals
Single Family Residence5,531 SF
Sold 12/17/2021
Shane Graber
Alan Chocron
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$623
Total Square Footage:5,531 SF
Transaction Type:Sale

The property involved in this closed transaction is a single-family home located at 2960 NE 164 St in Eastern Shores, North Miami Beach. The sale of this property took place on December 17, 2021. The transaction was facilitated by Shane Graber from Graber Realty Group and Alan Chocron from Compass.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,450,000
  • Address: 2960 NE 164 St
  • Market: Eastern Shores, North Miami Beach

The property spans across 5,531 square feet and was sold at a price per square foot of $624.

Note: No further details about the property or individuals involved in the transaction were provided.

Players

Alan Chocron
Compass
Alan Chocron
20 deals$104.5M volume
BROKER
Shane Graber
Shane Graber
4 deals$11.3M volume
BROKER

Details

SOLD
IMAGE: Alan Chocron & Shane Graber DATE: 12/17/2021 ADDRESS: 2960 NE 164 St MARKET: Eastern Shores, North Miami Beach ASSET TYPE: Single Family BROKERS: Shane Graber (@ShaneGraberHomes4u) - Graber Realty Group; Alan Chocron (@Alan_Chocron) - Compass SALE PRICE: $3,450,000 SF: 5,531 ~ PPSF: $624

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

$184,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12