Moshe Medlowitz - Capstone Acquires Single Family Home In Bay Harbor Islands For $6.5M
Bay Harbor Islands, Florida, United States
$6,500,000
$838/SF
Building Size
7,752 SF
Asset Type
Single Family Residence
Closing
Jan 25, 2022
AI
A single family home located in Bay Harbor Islands has been sold for $6,500,000. The property spans across 7,752 square feet, resulting in a price per square foot of $838. The sale took place on January 26, 2022. The buyers, represented by Moshe Medlowitz of Capstone, purchased the property from Sagi and Elana Genger. The brokers involved in the transaction were Allan Kleer and Fabian Garcia Diaz from One Sotheby's International Realty.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Square Footage: 7,752
- Price per Square Foot: $838
- Market: Bay Harbor Islands
Moshe Medlowitz, representing Capstone, acted as the buyer in this transaction. The sellers were Sagi and Elana Genger. The deal was facilitated by brokers Allan Kleer and Fabian Garcia Diaz from One Sotheby's International Realty.
Players
Bay Harbor Islands 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93