Andres Sanchez & Fatima Carvallo Acquire Miami Shores SFR For $1.475M
9101 Northeast 2nd Avenue
$1,475,000
$634/SF
Building Size
2,324 SF
Asset Type
Single Family Residence
Closing
Sep 19, 2022
AI
The asset involved in this transaction is a single-family residence located at 9101 NE 2nd Ave in the Miami Shores market. The property was sold for $1,475,000, encompassing a total of 2,324 square feet, with a price per square foot of $635.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,475,000
- Square Footage: 2,324
- Price per Square Foot: $635
- Address: 9101 NE 2nd Ave
- Market: Miami Shores
- Buyer: Andres Sanchez & Fatima Carvallo
- Seller's Representative: Chabeli Castillo - Beachfront Realty
The deal featured Andres Sanchez and Fatima Carvallo as the buyers, with Chabeli Castillo representing the seller through Beachfront Realty. The transaction took place on September 19, 2022.
Miami Shores 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
10.75%
Cash-on-Cash
-3.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93