Lee Grammas Acquires Miami Single Family From Seller Fausto Callava Antonio Pardo
SOLD
Florida
See Similar DealsSingle Family5,436 SF
Sold 11/21/2023
SOLD
Lee Grammas Acquires Miami Single Family From Seller Fausto Callava Antonio Pardo
4191 Malaga Avenue
See Similar DealsSingle Family5,436 SF
Sold 11/21/2023
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$878
Total Square Footage:5,436 SF
Transaction Type:Sale
A single-family property located at 4191 Malaga Avenue in Miami has been sold in a recent transaction. The property spans approximately 5,436 square feet and was listed with an asking price of $4,975,000.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $4,777,500
- Address: 4191 Malaga Avenue, Miami
- Market: Miami
The buyer of the property is Lee Grammas, while the seller is Fausto Callava Antonio Pardo. Facilitating the transaction was broker Lukas Andrea Foiani from AFS Living.
The property was eventually sold for $4,777,500, which translates to a price per square foot of $879.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$254,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,973.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,647.79
Annual Debt Service$271,773.45
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