Fabio & Claudia Feitler Acquire SFR In Bay Point Estates, Miami For $5.75M
SOLD
$5,750,000
Florida
See Similar DealsSingle Family Residence4,325 SF
Sold 10/03/2022
SOLD
Fabio & Claudia Feitler Acquire SFR In Bay Point Estates, Miami For $5.75M
4151 Gate Lane, Miami, Florida 33137, United States
See Similar DealsSingle Family Residence4,325 SF
Sold 10/03/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,329
Total Square Footage:4,325 SF
Transaction Type:Sale
A single-family residence (SFR) located at 4151 Gate Ln in Bay Point Estates, Miami, was recently sold for a total price of $5,750,000. The property has a size of 4,325 square feet, resulting in a price per square foot (PPSF) of $1,329.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,750,000
- Market: Bay Point Estates, Miami
- Address: 4151 Gate Ln
- Size: 4,325 square feet
- Price per Square Foot: $1,329
The sale was facilitated by Julianna Castro from Compass Florida LLC, who represented both the buyer, Fabio & Claudia Feitler, and the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$306,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20
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