Daniel De La Iglesia Sells Single Family Home In Coconut Grove For $5.25M
SOLD
$5,250,000
Florida
See Similar DealsSingle Family3,943 SF
Sold 03/27/2024
SOLD
Daniel De La Iglesia Sells Single Family Home In Coconut Grove For $5.25M
2492 Lincoln Avenue
See Similar DealsSingle Family3,943 SF
Sold 03/27/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,331
Total Square Footage:3,943 SF
Transaction Type:Sale
The single-family property located at 2492 Lincoln Avenue in Coconut Grove, Miami was sold by Daniel de la Iglesia. The transaction, facilitated by Jaclyn Bild from Douglas Elliman, had a sale price of $5,250,000 for a total square footage of 3,943, resulting in a price per square foot of $1,331.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,250,000
- Address: 2492 Lincoln Avenue, Coconut Grove
- Market: Miami
- Asset Type: Single Family
Jaclyn Bild from Douglas Elliman represented Daniel de la Iglesia in the property sale transaction at 2492 Lincoln Avenue in Coconut Grove, Miami.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
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