James Tompkins Acquires Single Family Home From Sebastiano Brancato In Fort Lauderdale For $2.6M
SOLD
$2,600,000
Florida
See Similar DealsSingle Family Residence1,148 SF
Sold 03/22/2026
SOLD
James Tompkins Acquires Single Family Home From Sebastiano Brancato In Fort Lauderdale For $2.6M
3116 Northeast 42nd Court
See Similar DealsSingle Family Residence1,148 SF
Sold 03/22/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,264
Total Square Footage:1,148 SF
Transaction Type:Sale
The property located at 3116 Northeast 42nd Court, Fort Lauderdale, is a single-family asset that recently completed a sale for $2,600,000. The home encompasses 1,148 square feet, resulting in a price per square foot of $2,264.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,600,000
- Address: 3116 Northeast 42nd Court
- Market: Fort Lauderdale
- Square Footage: 1,148
- Price Per Square Foot: $2,264
- Buyer: James Tompkins
- Seller: Sebastiano Brancato
- Buyer's Representative: Santiago Torres Suarez & Howard Goldberg - Re/Max
In this transaction, James Tompkins acted as the buyer, while Sebastiano Brancato served as the seller. The buyer was represented by Santiago Torres Suarez and Howard Goldberg from Re/Max during this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
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