Karen & Hratch Karamanoukian Acquires 410 Ocean Boulevard Single Family For $5,845,000
SOLD
$5,845,000
Florida
See Similar DealsSingle Family6,376 SF
Sold 02/19/2024
SOLD
Karen & Hratch Karamanoukian Acquires 410 Ocean Boulevard Single Family For $5,845,000
410 Ocean Boulevard
See Similar DealsSingle Family6,376 SF
Sold 02/19/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$916
Total Square Footage:6,376 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$311,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,766.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,708.28
Annual Debt Service$332,499.38
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