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7271 Southwest 113th Street...

Gregory Michael Mlacker Acquires Pinecrest SFR For $1.36M
SOLDSingle Family Residence

Gregory Michael Mlacker Acquires Pinecrest SFR For $1.36M

7271 Southwest 113th Street, Miami, Florida 33156, United States

$1,356,000

$645/SF

Building Size

2,102 SF

Asset Type

Single Family Residence

Closing

Mar 28, 2022

AI

A single-family home located at 7271 SW 113th Street in Pinecrest was recently sold for a price of $1,356,000. The property spans 2,102 square feet and has a price per square foot of $645. It was sold on March 29, 2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,356,000
  • Market: Pinecrest
  • Seller: Gilbert & Eleanor Levine
  • Seller's Representative: Belinda Sime - Sime Realty Corporation
  • Buyer: Gregory Michael Mlacker
  • Buyer's Representative: Eric & Vera Fernandez - Sol/Mar Real Estate

The buyer in this transaction is Gregory Michael Mlacker, while the sellers are Gilbert & Eleanor Levine. Representing the buyer is Eric & Vera Fernandez from Sol/Mar Real Estate, and the seller's representative is Belinda Sime from Sime Realty Corporation.

Players

Belinda Sime

Broker

$27.1M

vol

3 deals

Broker

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

11.70%

Cash-on-Cash

-3.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93