Marion Morell-Ruiz Of The Keyes Company Represents Seller In $8.1M Bay Harbor Islands SFR Sale
SOLD
$8,100,000
Florida
See Similar DealsSingle Family Residence8,484 SF
Sold 10/22/2020
SOLD
Marion Morell-Ruiz Of The Keyes Company Represents Seller In $8.1M Bay Harbor Islands SFR Sale
9440 West Broadview Drive, Bay Harbor Islands, FL, USA
See Similar DealsSingle Family Residence8,484 SF
Sold 10/22/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$954
Total Square Footage:8,484 SF
Transaction Type:Sale
A single-family residence (SFR) located at 9440 W. Broadview Drive in Bay Harbor Islands has been sold for $8,100,000. The property spans across 8,484 square feet, resulting in a price per square foot of $1,360.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,100,000
- Square Footage: 8,484
- Price per Square Foot: $1,360
- Buyer's Representative: Chris Chames
- Seller's Representative: Marion Morell-Ruiz - The Keyes Company
Chris Chames served as the buyer's representative in the transaction, while Marion Morell-Ruiz represented the seller on behalf of The Keyes Company.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$432,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,777.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,398.13
Annual Debt Service$460,777.59
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