Updated Dec 20, 2023
My Realty Group, LLC. Acquires SFR In Pinecrest For $4M
9500 SW 62nd Ct, Pinecrest, FL 33156, USA
$4,000,000
$41/SF
Building Size
96,510 SF
Asset Type
Single Family Residence
Closing
Sep 17, 2020
About this deal
AI
The recently closed property transaction in Pinecrest involved the sale of a Single Family Residence (SFR) located at 9500 SW 62nd Court. The property spans a total area of 9,651 square feet and was sold at a price of $4,000,000. This translates to a price per square foot of $414.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,000,000
- Square Footage: 9,651
- Price per Square Foot: $414
Representing the buyer was John Diaz from My Realty Group, LLC. On the other hand, Michael Martinez from One Sotheby's International Realty served as the seller's representative.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93