Updated Oct 29, 2024
Marian Pond & Christopher Hubbell Acquire Miami SFR For $3.35M
885 Northeast 76th Street, Miami, FL, USA
$3,350,000
$782/SF
Building Size
4,279 SF
Asset Type
Single Family Residence
Closing
Jan 28, 2021
About this deal
AI
The recently sold property at 885 NE 76th Street in Miami is a single-family home with a total square footage of 4,279. The sale took place on January 29, 2021, with FCP Developers, LLC as the seller and Marian Pond and Christopher Hubbell as the buyers. The transaction was facilitated by brokers Chad Carroll and Brett Eaglstein from Compass. The property was sold for a price of $3,350,000, resulting in a price per square foot of $783.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,350,000
- Market: Miami
- Address: 885 NE 76th Street
- Buyer: Marian Pond & Christopher Hubbell
- Seller: FCP Developers, LLC
- Brokers: Chad Carroll & Brett Eaglstein - Compass
- Square Footage: 4,279
- Price per Square Foot: $783
Chad Carroll and Brett Eaglstein from Compass played a crucial role in facilitating the sale of this property. They represented both the seller, FCP Developers, LLC, and the buyers, Marian Pond and Christopher Hubbell, in the transaction.
Players
Miami 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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93