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Sajal Mitra Acquires Palmetto Bay SFR For $2.3M

Property Image
SOLD
$2,325,000
Jonathan Alfonso
Maria Betancourt
+ 1

Florida

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Single Family Residence8,105 SF
Sold 04/15/2022
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Property Image
SOLD

Sajal Mitra Acquires Palmetto Bay SFR For $2.3M

8445 Southwest 182nd Terrace, Palmetto Bay, Florida 33157, United States

See Similar Deals
Single Family Residence8,105 SF
Sold 04/15/2022
Jonathan Alfonso
Maria Betancourt
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$286
Total Square Footage:8,105 SF
Transaction Type:Sale

This Palmetto Bay SFR located at 8445 SW 182nd Terrace was recently sold for a price of $2,325,000. The property spans across 8,105 square feet, resulting in a price per square foot of $287. The sale took place on April 15, 2022, and the transaction was facilitated by Jonathan Alfonso and Harold Valdes. The buyers of the property were Sajal Mitra, represented by Mia DeSanty from Coldwell Banker. On the other hand, Ricardo and Maria Betancourt were the sellers, with Harold Valdes and Jonathan Alfonso from Portal Real Estate, LLC acting as their representatives in the deal.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,325,000
  • Square Footage: 8,105
  • Price per Square Foot: $287
  • Date: April 15, 2022
  • Market: Palmetto Bay

The sale of this property showcases the collaboration between various individuals and companies in the real estate market. Mia DeSanty from Coldwell Banker represented the buyer, Sajal Mitra, in this transaction. On the other end, Harold Valdes and Jonathan Alfonso from Portal Real Estate, LLC served as the representatives for the sellers, Ricardo and Maria Betancourt. This successful deal is a testament to the expertise and efficient collaboration of the involved parties.

Players

Maria Betancourt
6 deals$295.6M volume
BROKER

Melissa "Mia" DeSanty
Coldwell Banker
1 deal$2.3M volume
BROKER

Harold Valdes
1 deal$2.3M volume(305) 776-1310
BROKER

Jonathan Alfonso
4 deals$74.7M volume
BROKER

Details

SOLD
IMAGE: Jonathan Alfonso & Harold Valdes DATE: 04/15/2022 ADDRESS: 8445 SW 182nd Terrace MARKET: Palmetto Bay ASSET TYPE: SFR BUYER: Sajal Mitra SELLER: Ricardo Betancourt & Maria Betancourt BUYER'S REP: Mia DeSanty - Coldwell Banker SELLER'S REP: Harold Valdes (@Valdesh) & Jonathan Alfonso (@JonathanjAlfonso) - Portal Real Estate, LLC (@Portal_Real_Estate) SALE PRICE: $2,325,000 SF: 8,105 ~ PPSF: $287

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$124,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,260.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,021.69
Annual Debt Service$132,260.23