Stephen Macricostas Acquires SFR In Miami Beach For $7.15M
SOLD
$7,150,000
Florida
See Similar DealsSingle Family Residence4,626 SF
Sold 05/06/2022
SOLD
Stephen Macricostas Acquires SFR In Miami Beach For $7.15M
4535 Nautilus Court, Miami Beach, Florida 33140, United States
See Similar DealsSingle Family Residence4,626 SF
Sold 05/06/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,545
Total Square Footage:4,626 SF
Transaction Type:Sale
A single-family home located at 4535 Nautilus Ct in Miami Beach has been sold for a price of $7,150,000. The property spans across 4,626 square feet with a price per square foot of $1,546. The transaction was completed on 05/06/2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,150,000
The buyer of the property is Stephen Macricostas, while the sellers are Bryant M Yunker, Jr & Nancy B. Yunker. Representing the buyer in the deal was David Pulley from Douglas Elliman, and the seller was represented by Mikael Hamaoui from Riviera Horizons LLC.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$381,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,402.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,894.65
Annual Debt Service$406,735.77
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