Joseph McDermott & Amani McDermott Acquire High Pines SFR For $4.2M
SOLD
$4,200,000
Florida
See Similar DealsSingle Family Residence5,452 SF
Sold 03/22/2022
SOLD
Joseph McDermott & Amani McDermott Acquire High Pines SFR For $4.2M
7930 Southwest 52nd Court, Miami, Florida 33143, United States
See Similar DealsSingle Family Residence5,452 SF
Sold 03/22/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$770
Total Square Footage:5,452 SF
Transaction Type:Sale
A single-family residence (SFR) located at 7930 SW 52nd Ct in the High Pines neighborhood was recently sold for $4,200,000. The property spans 5,452 square feet, resulting in a price per square foot of $770.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $4,200,000
- Buyer: Joseph McDermott & Amani McDermott
- Seller: Segio Samur & Paola Lopez Bazzino
- Broker: Elizabeth Rodriguez - The Keyes Company
The buyer, Joseph McDermott, and Amani McDermott acquired the property from sellers Segio Samur and Paola Lopez Bazzino. The transaction was facilitated by Elizabeth Rodriguez from The Keyes Company.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$223,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71
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