Menachem Kranz Buys SFR In Bay Harbor Islands For $6M
9640 West Broadview Drive, Bay Harbor Islands, Florida 33154, United States
$6,000,000
$457/SF
Building Size
13,125 SF
Asset Type
Single Family Residence
Closing
Oct 30, 2022
AI
The property involved in this transaction is a single-family residence located at 9640 W Broadview Dr in Bay Harbor Islands. The sale of this property was facilitated by Moshe Goldshtein from ONE Sotheby's International Realty. The transaction took place on October 31, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,000,000
- Square Footage: 13,125
- Price per Square Foot: $457
- Market: Bay Harbor Islands
The buyer in this transaction was Menachem Kranz, and the seller was Jamie & Faith Barkin. Moshe Goldshtein from ONE Sotheby's International Realty represented the parties involved in the deal.
Players
Bay Harbor Islands 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93