Updated Oct 29, 2024
Marc Ferrentino - Yext Acquires Pinecrest SFR For $5.6M
6035 SW 92nd Street, Pinecrest, FL, USA
$5,600,000
$631/SF
Building Size
8,863 SF
Asset Type
Single Family Residence
Closing
Dec 17, 2020
About this deal
AI
A single-family residence located at 6035 Southwest 92nd Street in the Pinecrest market was recently sold for a price of $5,600,000. The property spans an area of 8,863 square feet, resulting in a price per square foot of $632.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,600,000
- Date: 12/18/2020
- Market: Pinecrest
- Asset Type: SFR
- Seller: Matthew Adler - Mast Capital & Maria Morita - Boston Consulting Group
- Buyer: Marc Ferrentino - Yext
- Seller's Representative: Michael Martinez - One Sotheby’s International Realty
- Buyer's Representative: Blair Sonville - Lowell International Realty
The buyer, Marc Ferrentino from Yext, made the purchase through the representation of Blair Sonville from Lowell International Realty. On the other side, the seller was represented by Michael Martinez from One Sotheby’s International Realty. This transaction took place on December 18, 2020.
Players
Pinecrest 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93