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Joseph Carballo Sells Single Family Home At 4225 Lake Road Miami For $9.1 Million

Property Image
SOLD
$9,100,000
Julianna Castro
Agata Munoz
XA

Florida

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Single Family16,560 SF
Sold
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Property Image
SOLD

Joseph Carballo Sells Single Family Home At 4225 Lake Road Miami For $9.1 Million

4225 Lake Road

See Similar Deals
Single Family16,560 SF
Sold
Julianna Castro
Agata Munoz
XA
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$549
Total Square Footage:16560 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family home located at 4225 Lake Road, Miami, FL 33137. It was sold for $9,100,000, with a total square footage of 6,574. The price per square foot amounts to $1,384, reflecting the market value in the Miami area.

Summary of transaction details:

Agata Munoz, representing the buyer, can be contacted directly at 305-900-7317 or via email at [email protected] for inquiries related to purchasing waterfront properties in the area.

Players

Julianna Castro
Compass
Julianna Castro
15 deals$96.1M volume(305) 978-0977
BROKER
Agata Munoz
Miami Views Realty
Agata Munoz
4 deals$20M volume(305) 900-7317
BROKER
XA
Ximenes Abreu
2 deals$18.2M volume
BUYER

Details

SOLD
IMAGE: Agata Munoz DATE: 12/27/2023 ADDRESS: 4225 Lake Road, Miami, FL 33137 MARKET: Miami ASSET TYPE: Single Family SELLER: Joseph Carballo BUYER'S REP: Agata Munoz (@Agata.Munoz) - Miami Views Realty (@MiamiViewsRealty) SELLER'S REP: Julianna Castro (@JuliannaMiami) - Compass (@Compass) SALE PRICE: $9,100,000 SF: 6,574 ~ PPSF: $1,384 NOTE FROM BUYER'S REP: Contact me directly at 305-900-7317 or [email protected] if you’re looking to buy a luxurious waterfront property

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$485,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$32,330.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,138.64
Annual Debt Service$517,663.71