Patricia Kennedy Acquires Miami Beach SFR For $3.1M With Mushka Jacobson - Douglas Elliman
SOLD
$3,125,000
Florida
See Similar DealsSingle Family Residence2,591 SF
Sold 03/22/2022
SOLD
Patricia Kennedy Acquires Miami Beach SFR For $3.1M With Mushka Jacobson - Douglas Elliman
4235 Prairie Avenue, Miami Beach, Florida 33140, United States
See Similar DealsSingle Family Residence2,591 SF
Sold 03/22/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,206
Total Square Footage:2,591 SF
Transaction Type:Sale
A single-family residence located at 4235 Prairie Ave in Miami Beach has been sold for a total price of $3,125,000. The property spans 2,591 square feet and has a price per square foot of $1,206. The transaction took place on March 22, 2022. The buyer of the property is Patricia Kennedy.
Summary of transaction details:
- Property Type: Single Family Residence (SFR)
- Transaction Amount: $3,125,000
- Address: 4235 Prairie Ave, Miami Beach
- Market: Miami Beach
The sale of this property was facilitated by Mushka Jacobson from Douglas Elliman, who acted as the broker on behalf of the buyer, Patricia Kennedy.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$166,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,102.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,814.09
Annual Debt Service$177,769.13
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