Jermaine Brown Purchases Single Family Home In Parkland From Norman Schulman For $3.57M
6489 Northwest 65th Way
$3,570,000
$421/SF
Building Size
8,480 SF
Asset Type
Single Family Residence
Closing
May 4, 2025
AI
The property involved in this transaction is a single-family home located at 6489 Northwest 65th Way in the Parkland market. The sale price for this asset was $3,570,000, with a total square footage of 8,480 and a price per square foot of $420.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,570,000
- Address: 6489 Northwest 65th Way
- Market: Parkland
- Square Footage: 8,480
- Price per Square Foot: $420
- Buyer: Jermaine Brown
- Seller: Norman Schulman
- Broker: S. Andrew Roopchand - Compass
Key individuals in this transaction include the buyer, Jermaine Brown, and the seller, Norman Schulman, who entrusted the deal to their broker representative S. Andrew Roopchand of Compass for the negotiation and execution of the transaction.
Players
Parkland 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
4.44%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93