John Petrozza Acquires SFR In Miami For $1.86M With Buyer's Rep Geva Bar & Seller's Rep Andrea Tavella
701 Northeast 81st Street
$1,860,000
$724/SF
Building Size
2,567 SF
Asset Type
Single Family Residence
Closing
Sep 21, 2022
AI
An SFR located at 701 NE 81st St in Miami has been sold for $1,860,000. The property spans 2,567 square feet, resulting in a price per square foot of $725.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,860,000
- Address: 701 NE 81st St, Miami
- Market: Miami
- Square Footage: 2,567
The buyer, John Petrozza, acquired the property from sellers Stephen Fritz Ullrich and Rafaela Vezaro. Geva Bar from ONE | Sotheby's International Realty represented the buyer in the transaction, while Andrea Tavella from Vella Real Estate represented the sellers.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93