Jose R Figueroa Acquires SFR In North Miami Beach For $4.9M
SOLD
$4,900,000
Florida
See Similar DealsSingle Family Residence3,644 SF
Sold 07/15/2022
SOLD
Jose R Figueroa Acquires SFR In North Miami Beach For $4.9M
3322 NE 166 St, North Miami Beach, Florida 33160, United States
See Similar DealsSingle Family Residence3,644 SF
Sold 07/15/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,344
Total Square Footage:3,644 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$261,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,408.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,228.50
Annual Debt Service$278,742.00
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