Updated Dec 4, 2024
Sidhartha Mehta Purchases Single Family Home From Luis Abreu For $1.2 Million
7525 Hispanola Avenue
$1,200,000
$723/SF
Building Size
1,658 SF
Asset Type
Single Family Residence
Closing
Aug 26, 2024
About this deal
AI
The property involved in the transaction is a single-family asset located at 7525 Hispanola Avenue in North Bay Village. The sale price was $1,200,000 for a total square footage of 1,658, resulting in a price per square foot of $723.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,200,000
- Address: 7525 Hispanola Avenue
- Market: North Bay Village
- Square Footage: 1,658
- Price per Square Foot: $723
- Buyer: Sidhartha Mehta
- Seller: Luis Abreu
- Seller's Representative: Jason Theriot & Aileen Garciga - Keller Williams Realty
The transaction involved Sidhartha Mehta as the buyer acquiring the property from seller Luis Abreu. Jason Theriot and Aileen Garciga represented the seller in this transaction as agents of Keller Williams Realty.
Players
North Bay Village Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $723 per square foot on a published $1.2M for 1,658 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93