Abraham Rosenfeld Acquires Bay Harbor Islands SFR For $4.6M
SOLD
$4,600,000
Florida
See Similar DealsSingle Family Residence5,311 SF
Sold 12/29/2021
SOLD
Abraham Rosenfeld Acquires Bay Harbor Islands SFR For $4.6M
9725 Broadview Terrace, Bay Harbor Islands, FL 33154
See Similar DealsSingle Family Residence5,311 SF
Sold 12/29/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$866
Total Square Footage:5,311 SF
Transaction Type:Sale
The property involved in this closed transaction is a Single Family Residence (SFR) located at 9725 Broadview Terrace in Bay Harbor Islands. The transaction took place on 12/29/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,600,000
- Address: 9725 Broadview Terrace, Bay Harbor Islands
- Market: Bay Harbor Islands
- Square Footage: 5,311
- Price per Square Foot: $866
The seller in this transaction was Maria Reizen, while the buyer was Abraham Rosenfeld. The deal was facilitated by Batsheva Rivkin, a representative from Compass Florida LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$245,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,342.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,806.35
Annual Debt Service$261,676.16
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