Daniel Kirzner Acquires SFR In Las Olas, Ft. Lauderdale For $5.9M
SOLD
Florida
See Similar DealsSingle Family Residence6,545 SF
Sold
SOLD
Daniel Kirzner Acquires SFR In Las Olas, Ft. Lauderdale For $5.9M
440 Mola Avenue, Fort Lauderdale, Fl, Usa
See Similar DealsSingle Family Residence6,545 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$901
Total Square Footage:6545 SF
Transaction Type:Sale
A single-family residence located at 440 Mola Avenue in Las Olas, Ft. Lauderdale has been sold. The property, with a size of 6,545 square feet, was sold for a price of $5,900,000, resulting in a price per square foot of $901. The transaction took place on July 19, 2021.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $5,900,000
- Square Footage: 6,545
- Address: 440 Mola Avenue, Las Olas, Ft. Lauderdale
- Market: Las Olas, Ft. Lauderdale
The buyer of the property is Daniel Kirzner. The seller is Matt Ring. The sale was facilitated by Chad Carroll, Sharon Beck, and Larry Shinbaum from Luxuri International Real Estate.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$314,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,961.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,969.01
Annual Debt Service$335,628.12
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