Jared & Julie Fruchtman Purchase Single Family Home In Miami For $1.775M
SOLD
$1,775,000
Florida
See Similar DealsSingle Family2,931 SF
Sold 05/01/2024
SOLD
Jared & Julie Fruchtman Purchase Single Family Home In Miami For $1.775M
3871 South Le Jeune Road
See Similar DealsSingle Family2,931 SF
Sold 05/01/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$605
Total Square Footage:2,931 SF
Transaction Type:Sale
The property located at 3871 South Le Jeune Road in Miami, a single-family home, was recently sold for $1,775,000. The transaction involved a total of 2,931 square feet, equating to a price per square foot of $606. The seller of the property was Zubin Kassamali, with Karen Elmir from Sotheby's International Realty representing the seller. The buyers of the property were Jared & Julie Fruchtman.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,775,000
- Address: 3871 South Le Jeune Road
- Market: Miami
Karen Elmir from Sotheby's International Realty served as the seller's representative in the deal, facilitating the successful sale of the property to buyers Jared & Julie Fruchtman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$94,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,306.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,414.41
Annual Debt Service$100,972.87
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