SOLDSingle Family Residence
Merve Gumusyazici Acquires SFR In Miami Beach For $1.25M
6025 Alton Rd, Miami Beach, FL, USA
$1,250,000
$708/SF
Building Size
1,765 SF
Asset Type
Single Family Residence
Closing
Feb 4, 2021
AI
A single-family residential property located at 6025 Alton Rd. in Miami Beach has been sold. The sale was completed on 02/05/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,250,000
- Square Footage: 1,765
- Price per Square Foot: $708
- Asking Price: $1,350,000
- Buyer's Representative: Merve Gumusyazici
- Seller's Representative: Jon Kotler
Merve Gumusyazici represented the buyer in this transaction, while Jon Kotler acted as the seller's representative.
Players
Miami Beach 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93