Fred Ghavidel Purchases Fort Lauderdale Single Family Home From Joel Hamilton For $3.579M
SOLD
$3,579,000
Florida
See Similar DealsSingle Family3,150 SF
Sold 07/03/2024
SOLD
Fred Ghavidel Purchases Fort Lauderdale Single Family Home From Joel Hamilton For $3.579M
2130 Northeast 15th Street
See Similar DealsSingle Family3,150 SF
Sold 07/03/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,136
Total Square Footage:3,150 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 2130 Northeast 15th Street in Fort Lauderdale. It is classified as a single-family residence, encompassing a total square footage of 3,150. The sale concluded at a price of $3,579,000, translating to a price per square foot of $1,136.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,579,000
- Buyer: Fred Ghavidel
- Seller: Joel Hamilton
- Brokers: Nancy Batchelor & Elias Palacios - Compass
The individuals involved in the transaction include buyer Fred Ghavidel and seller Joel Hamilton, with the representation by brokers Nancy Batchelor and Elias Palacios from Compass. Their roles facilitated the successful closure of this deal in the Fort Lauderdale market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$190,879.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,715.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,966.29
Annual Debt Service$203,595.43
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