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Douglas Elliman & Compass Florida Acquires Pinecrest SFR For $4.8M

Property Image
SOLD
$4,800,000
Lindsey Lamchick
Cristina Cipolletti
Audrey Ross

Florida

See Similar Deals
Single Family Residence9,179 SF
Sold 01/31/2022
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman & Compass Florida Acquires Pinecrest SFR For $4.8M

6710 SW 120th St, Pinecrest, Florida 33156, United States

See Similar Deals
Single Family Residence9,179 SF
Sold 01/31/2022
Lindsey Lamchick
Cristina Cipolletti
Audrey Ross
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$522
Total Square Footage:9,179 SF
Transaction Type:Sale

A single-family residential property located at 6710 SW 120th Street in Pinecrest has been sold for a price of $4,800,000. The property encompasses a total area of 9,179 square feet, resulting in a price per square foot of $523.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $4,800,000

The sale of this property was facilitated by the following brokers:

These brokers played a crucial role in the successful transaction of the property located at 6710 SW 120th Street in Pinecrest, ensuring a smooth and efficient process for all parties involved.

Players

Audrey Ross
Compass
Audrey Ross
6 deals$44M volume
BROKER
Lindsey Lamchick
The Edit.
Lindsey Lamchick
4 deals$31.6M volume
BROKER
Cristina Cipolletti
Compass
Cristina Cipolletti
1 deal$4.8M volume
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Lindsey Lamchick & Cristina Cipolletti DATE: 01/31/2022 ADDRESS: 6710 SW 120th Street MARKET: Pinecrest ASSET TYPE: SFR BROKERS: Lindsey Lamchick (@Lfhirsch) - Douglas Elliman (@douglaselliman); Audrey Ross (@MiamiRealEstateCom) & Cristina Cipolletti (@CristinaCipollettiRealEstate) - Compass Florida LLC (@CompassFL) SALE PRICE: $4,800,000 SF: 9,179 ~ PPSF: $523

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$256,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39