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18 Northeast 42nd Street

Christopher Sykers Purchases Single Family Home From Pierre Malhado & Daniella Desilva For $1.615M
SOLDSingle Family Residence

Christopher Sykers Purchases Single Family Home From Pierre Malhado & Daniella Desilva For $1.615M

18 Northeast 42nd Street

$1,615,000

$585/SF

Building Size

2,760 SF

Asset Type

Single Family Residence

Closing

Nov 15, 2024

AI

The property asset involved in the transaction is a single-family home located at 18 Northeast 42nd Street in the Miami market. The sale price was $1,615,000, and the property spans 2,760 square feet, resulting in a price per square foot of $585.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,615,000
  • Address: 18 Northeast 42nd Street
  • Market: Miami
  • Square Footage: 2,760
  • Price Per Square Foot: $585
  • Buyer: Christopher Sykers
  • Seller: Pierre Malhado & Daniella Desilva
  • Buyer's Representative: Lataryn Gay - Sotheby's International Realty
  • Seller's Representative: Samantha Scalzo - S&S Global

The key individuals involved in the deal include the buyer, Christopher Sykers, and the sellers, Pierre Malhado and Daniella Desilva. Lataryn Gay represented the buyer through Sotheby's International Realty, while Samantha Scalzo represented the sellers with S&S Global.

Players

Samantha Scalzo

S&S Global

Broker

$20.2M

vol

9 deals

Broker

Miami 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

9.82%

Cash-on-Cash

-2.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93