Bay Point, Miami SFR Sold For $9M With Dora Puig, Julianna Castro, Sandra Chartouni
4701 Lake Road, Miami, FL, USA
$9,000,000
$1,983/SF
Building Size
4,538 SF
Asset Type
Single Family Residence
Closing
May 17, 2020
AI
A single-family home located at 4701 Lake Road in Bay Point, Miami recently changed hands in a closed property transaction. The property covers a substantial lot size of 30,648 square feet. The sale price for this impressive residence was $9,000,000, resulting in a price per square foot of $1,983. The total interior space of the house measures approximately 4,538 square feet. The transaction took place on May 17, 2021.
Summary of Transaction Details:
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $9,000,000
- Market: Bay Point, Miami
- Address: 4701 Lake Road
- Lot Size: 30,648 square feet
The deal was facilitated by a team of brokers consisting of Dora Puig, Julianna Castro, and Sandra Chartouni. They played instrumental roles in ensuring the successful completion of the transaction. Their expertise and dedication contributed to the seamless execution of the deal. Puig, Castro, and Chartouni represented the respective parties involved in the sale of the property.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93