Andrew & Silvia Stern Sell SFR In North Miami Beach For $3.4M With Daniel Alvarez & Alexander Goldstein
3120 Northeast 165th Street, North Miami Beach, FL, USA
$3,400,000
$220/SF
Building Size
15,398 SF
Asset Type
Single Family Residence
Closing
Jan 24, 2021
AI
The property involved in this transaction is a single-family residence located at 3120 NE 165th St in North Miami Beach. The sale took place on January 25, 2021. The property spans 15,398 square feet and has an asking price of $3,700,000. The sale price was negotiated to $3,400,000, resulting in a price per square foot of $221.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,400,000
- Address: 3120 NE 165th St
- Market: North Miami Beach
The sellers of the property are Andrew and Silvia Stern. The buyer's representative in the deal was Alexander Goldstein from IlesGoldstein_RealEstate. Daniel Alvarez, also from IlesGoldstein_RealEstate, served as the seller's representative.
Players
North Miami Beach 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93