Simon Derber Acquires SFR In Coconut Grove From Jaime Mengotti For $4.2M
SOLD
$4,200,000
Florida
See Similar DealsSingle Family Residence5,488 SF
Sold 03/17/2022
SOLD
Simon Derber Acquires SFR In Coconut Grove From Jaime Mengotti For $4.2M
3680 Stewart Avenue, Miami, Florida 33133, United States
See Similar DealsSingle Family Residence5,488 SF
Sold 03/17/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$765
Total Square Footage:5,488 SF
Transaction Type:Sale
A single-family home located at 3680 Stewart Ave in Coconut Grove was recently sold for a price of $4,200,000. The property spans 5,488 square feet, resulting in a price per square foot of $765.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,200,000
- Address: 3680 Stewart Ave
- Market: Coconut Grove
- Asset Type: Single-Family Home
The buyer in this transaction was Simon Derber, while the seller was Jaime Mengotti. Anamaria Velasquez from Nexxos Realty represented the seller in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$223,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71
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