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98 Northeast 103rd Street, ...

Moises Mussali Acquires Miami Shores SFR From Gonzalo & Stephanie Ray In $1.22M Sale
SOLDSingle Family Residence

Moises Mussali Acquires Miami Shores SFR From Gonzalo & Stephanie Ray In $1.22M Sale

98 Northeast 103rd Street, Miami Shores, FL 33138, USA

$1,220,000

$408/SF

Building Size

2,988 SF

Asset Type

Single Family Residence

Closing

Sep 1, 2021

AI

A single-family residence located at 98 NE 103rd Street in Miami Shores was recently sold in a closed transaction. The property, represented by Massiel Perdomo from BrokerNation Real Estate, was sold by Gonzalo & Stephanie Ray to the buyer Moises Mussali.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,220,000
  • Address: 98 NE 103rd Street, Miami Shores
  • Market: Miami Shores
  • Asset Type: SFR
  • Buyer: Moises Mussali
  • Seller: Gonzalo & Stephanie Ray
  • Broker: Massiel Perdomo - BrokerNation Real Estate
  • Asking Price: $1,250,000
  • Square Footage: 2,988
  • Price per Square Foot: $408

This transaction involved a single-family residence in Miami Shores. Massiel Perdomo from BrokerNation Real Estate represented the property throughout the sale. The buyers, Moises Mussali, acquired the property from the sellers, Gonzalo & Stephanie Ray. The sale price for the property was $1,220,000, with an asking price of $1,250,000. The property spans 2,988 square feet, resulting in a price per square foot of $408.

Players

Massiel Perdomo

Lifestyle International Realty

Broker

$12.4M

vol

7 deals

Broker

Moises Mussali

Buyer

$2.4M

vol

2 deals

Buyer

Miami Shores Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93