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3322 NE 166 St, North Miami...

Jose R Figueroa Acquires SFR In North Miami Beach For $4.9M
SOLDSingle Family Residence

Jose R Figueroa Acquires SFR In North Miami Beach For $4.9M

3322 NE 166 St, North Miami Beach, Florida 33160, United States

$4,900,000

$1,344/SF

Building Size

3,644 SF

Asset Type

Single Family Residence

Closing

Jul 14, 2022

AI

The single-family home located at 3322 NE 166 St in North Miami Beach has been sold in a recent transaction. The property spans 3,644 square feet and was sold for a total of $4,900,000, resulting in a price per square foot of $1,345.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,900,000
  • Address: 3322 NE 166 St, North Miami Beach
  • Market: North Miami Beach

The buyer in this transaction is Jose R Figueroa, while the sellers are Carlos Hermo and Claudia Marcela Hermo. The buyer was represented by Juan Suarez from Luxe Properties.

Players

Juan Suarez

Luxe Properties

Broker

$6.4M

vol

2 deals

Broker

Jose R Figueroa

Buyer

$4.9M

vol

2 deals

Buyer

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

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93