Elle & Meyers Leonard Sell Bay Point Single Family Home For $11M
SOLD
$11,000,000
Florida
See Similar DealsSingle Family Residence6,819 SF
Sold 12/20/2021
SOLD
Elle & Meyers Leonard Sell Bay Point Single Family Home For $11M
741 Buttonwood Lane
See Similar DealsSingle Family Residence6,819 SF
Sold 12/20/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,613
Total Square Footage:6,819 SF
Transaction Type:Sale
A single-family property located at 741 Buttonwood Lane in Bay Point, Miami has been sold in a closed transaction. The property sits on 0.4 acres of land and offers a total of 6,819 square feet of living space.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,000,000
- Address: 741 Buttonwood Lane, Bay Point, Miami
- Market: Bay Point, Miami
- Square Footage: 6,819
- Price per Square Foot: $1,613
The sellers of the property are Elle and Meyers Leonard. The buyer's representative in the deal is Eli Faitelson from the Chad Carroll Group at Compass. On the other side, Tomi Rose from Douglas Elliman acted as the seller's representative.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,080.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,145.61
Annual Debt Service$625,747.34
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