Updated Dec 4, 2024
Karen & Hratch Karamanoukian Acquires 410 Ocean Boulevard Single Family For $5,845,000
410 Ocean Boulevard
$5,845,000
$916/SF
Building Size
6,376 SF
Asset Type
Single Family
Closing
Feb 19, 2024
About this deal
AI
The property, located at 410 Ocean Boulevard in Golden Beach, is a single-family home with a square footage of 6,376. The transaction involved a sale between buyers Karen & Hratch Karamanoukian and sellers Lea & Efrain Marcos Carmona, with a final sale price of $5,845,000 and a price per square foot of $917.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,845,000
- Address: 410 Ocean Boulevard
- Market: Golden Beach
- Buyer: Karen & Hratch Karamanoukian
- Seller: Lea & Efrain Marcos Carmona
- Buyer's Rep: Nelson Gonzalez - Berkshire Hathaway HomeServices
- Seller's Rep: Danny Alvarez
- SF: 6,376
- PPSF: $917
Nelson Gonzalez from Berkshire Hathaway HomeServices represented the buyers, while Danny Alvarez represented the sellers in this property transaction.
On the Map
$5,845,000
$916/SF
Single Family
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Players
Golden Beach 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
2.71%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93