Eddie Jackson Acquires Single Family Residence From James Butler In Davie For $2.5M
SOLD
$2,500,000
Florida
See Similar DealsSingle Family Residence5,929 SF
Sold 12/02/2024
SOLD
Eddie Jackson Acquires Single Family Residence From James Butler In Davie For $2.5M
3151 East Stonebrook Circle
See Similar DealsSingle Family Residence5,929 SF
Sold 12/02/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$421
Total Square Footage:5,929 SF
Transaction Type:Sale
This sale involved a Single Family Residence located at 3151 East Stonebrook Circle in Davie. The property was sold for $2,500,000.00 and spans 5,929 square feet.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $2,500,000.00
- Address: 3151 East Stonebrook Circle
- Market: Davie
- Seller: James Butler
- Buyer: Eddie Jackson
- Seller's Representative: Shane Frankovic (One Sotheby’s International Realty)
- Square Footage: 5,929
- Notable Aspects: Sold in Just 7 Days
The property was represented in the transaction by Shane Frankovic from One Sotheby’s International Realty, acting on behalf of the seller, James Butler. The buyer of the residence was Eddie Jackson, completing the sale in a notably short duration, reflecting the demand for properties in this area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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