Updated Dec 21, 2023
Nicolas Brocherie Acquires SFR In Miami For $1.175M
967 Northeast 78th Street, Miami, Florida 33138, United States
$1,175,000
$508/SF
Building Size
2,310 SF
Asset Type
Single Family Residence
Closing
Jun 9, 2022
About this deal
AI
Located in Miami, this single-family home at 967 NE 78th St was recently sold for a price of $1,175,000. The property spans across 2,310 square feet, resulting in a price per square foot of $509. The transaction took place on 06/10/2022, as indicated by the date.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,175,000
- Address: 967 NE 78th St
- Market: Miami
- Buyer: Nicolas Brocherie
- Seller: George Munne
- Buyer's Rep: Jorge Rodriguez - Luxe Properties
Jorge Rodriguez from Luxe Properties represented Nicolas Brocherie in the deal. The buyer's representative played a crucial role in ensuring a smooth transaction for both the buyer and the seller.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $508 per square foot on a published $1.2M for 2,310 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93