Eric & Michelle Marechelle Purchase Single Family Home From Fern & Ron Rosen For $4.5M
9650 Southwest 62nd Court
$4,500,000
$1,143/SF
Building Size
3,934 SF
Asset Type
Single Family Residence
Closing
Jun 26, 2024
AI
9650 Southwest 62nd Court is a single-family home located in the Pinecrest market. The property sold for $4,500,000, featuring a total square footage of 3,934. The price per square foot for the transaction was $1,143.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,500,000
- Buyer: Eric & Michelle Marechelle
- Seller: Fern & Ron Rosen
- Broker: Ali Seid - Compass
- Date of Sale: 06/26/2024
The transaction involved Eric & Michelle Marechelle as the buyers, while Fern & Ron Rosen were the sellers. Ali Seid from Compass represented the buyers in this closed transaction.
Players
Pinecrest 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93