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Yisroel Druin Sells Miami Single Family Home Formerly Owned By Betty Wright

Property Image
SOLD
$2,000,000

Florida

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Single Family5,644 SF
Sold 02/29/2024
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Property Image
SOLD

Yisroel Druin Sells Miami Single Family Home Formerly Owned By Betty Wright

1035 Northeast 107th Street

See Similar Deals
Single Family5,644 SF
Sold 02/29/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$354
Total Square Footage:5,644 SF
Transaction Type:Sale

The property involved in this transaction is a Single Family home located at 1035 Northeast 107th Street in Miami. Formerly owned by Grammy Award Winner, Betty Wright, this 5,644 square foot property was sold for $2,000,000 at a price per square foot of $354.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,000,000
  • Address: 1035 Northeast 107th Street
  • Market: Miami
  • Seller: Yisroel Druin
  • Broker: Orly Ahula - London Foster Realty
  • SF: 5,644
  • PPSF: $354

Orly Ahula from London Foster Realty facilitated the smooth and swift cash deal for this property. Following the transaction, potential investors seeking similar investment properties or value-added opportunities are encouraged to contact Orly Ahula for further assistance.

Players

Orly Ahula
London Foster Realty
Orly Ahula
2 deals$3.7M volume
BROKER

Details

SOLD
IMAGE: Yisroel Druin & Orly Ahula DATE: 02/29/2024 ADDRESS: 1035 Northeast 107th Street MARKET: Miami ASSET TYPE: Single Family SELLER: Yisroel Druin BROKER: Orly Ahula (@OrlyAhulaaa) - London Foster Realty (@London.Foster.Realty) SALE PRICE: $2,000,000 SF: 5,644 ~ PPSF: $354 NOTE FROM BROKER: Formerly Grammy Award Winner, Betty Wright’s home. With a smooth and swift cash deal, this home is now off the market. If you’re on the hunt for similar investment properties or value add opportunities, please feel free to reach out.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
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