Ken Karpawich Purchases Miami Single Family Property From Babba Yesharim For $2.5M
1100 Northwest North River Drive
$2,500,000
$1,714/SF
Building Size
1,458 SF
Asset Type
Single Family
Closing
May 22, 2024
AI
The Single Family property located at 1100 Northwest North River Drive in Miami was sold for $2,500,000. Spanning 1,458 square feet, the sale price of $1,714 per square foot indicates the high demand for waterfront homes in the area. The property boasts 59 feet of deep Miami River frontage.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $2,500,000
- Address: 1100 Northwest North River Drive
- Market: Miami
- Square Footage: 1,458
- Price per Square Foot: $1,714
"Miami River Tycoons Trade Property. Garcia Diaz / Kleer Team Adds Value With Record Sale." Both the buyer, Ken Karpawich, and the seller, Babba Joshua Yesharim, were represented by Fabian Garcia Diaz and Allan Kleer, distinguished senior agents from ONE Sotheby's International Realty.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93