Updated Dec 21, 2023
ONE Sotheby's International Realty Acquires SFR In Miami For $11.3M
4731 Lake Road, Miami, FL, USA
$11,300,000
$1,576/SF
Building Size
7,169 SF
Asset Type
Single Family Residence
Closing
Nov 24, 2020
About this deal
AI
The property in question is a Single Family Residential (SFR) located at 4731 Lake Road in Miami. This property was sold on November 25, 2020, with a sale price of $11,300,000. The total square footage of the property is 7,169, resulting in a price per square foot of $1,576.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,300,000
- Address: 4731 Lake Road
- Market: Miami
Jorge Martinez, representing ONE Sotheby's International Realty, acted as the buyer's representative in this transaction. The seller's representatives were Betsy Magde and Marissa Kartheiser from Compass Florida, LLC.
On the Map
$11,300,000
$1,576/SF
Single Family Residence
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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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93