Edward Carriero Of Insurance Care Direct Acquires SFR In Lighthouse Point For $6.4M
3100 NE 46th St, Lighthouse Point, FL 33064, USA
$6,400,000
$383/SF
Building Size
16,693 SF
Asset Type
Single Family Residence
Closing
Aug 5, 2020
AI
The property involved in this transaction is a single-family home located at 3100 Northeast 46th Street in Lighthouse Point. The property spans a total area of 16,693 square feet and was sold for a price of $6,400,000, resulting in a price per square foot of $383.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $6,400,000
- Address: 3100 Northeast 46th Street
- Market: Lighthouse Point
James and Teresa M. Verrillo were the sellers of this property. The buyer was Edward Carriero, who represents Insurance Care Direct. Cori O’Brien, from Global Luxury Realty, represented the sellers in this transaction, while Senada Adzem from Douglas Elliman served as the buyer's representative.
Players
Lighthouse Point 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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93