Joseph Carballo Sells Single Family Home At 4225 Lake Road Miami For $9.1 Million
4225 Lake Road
$9,100,000
$549/SF
Building Size
16,560 SF
Asset Type
Single Family
Closing
Dec 27, 2023
AI
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:
- Property Type: Single Family
- Transaction Amount: $9,100,000
- Address: 4225 Lake Road, Miami, FL 33137
- Market: Miami
- Seller: Joseph Carballo
- Buyer's Representative: Agata Munoz - Miami Views Realty
- Seller's Representative: Julianna Castro - Compass
- Square Footage: 6,574
- Price Per Square Foot: $1,384
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
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93