Dolce Marketing Acquires Single Family Property In Miami For $1.625M
SOLD
$1,625,000
Florida
See Similar DealsSingle Family5,471 SF
Sold 01/03/2024
SOLD
Dolce Marketing Acquires Single Family Property In Miami For $1.625M
425 SW 129 Ave
See Similar DealsSingle Family5,471 SF
Sold 01/03/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$297
Total Square Footage:5,471 SF
Transaction Type:Sale
A single-family property located at 425 Southwest 129 Avenue in Miami has been sold in a recent transaction. The property spans 5,471 square feet and was sold for a price of $1,625,000, resulting in a price per square foot of $297.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,625,000
- Address: 425 Southwest 129 Avenue, Miami
- Market: Miami
The buyer of the property is Dolce Marketing, represented by Nayvi Alberti. The seller of the property is Alicia Fajardo. The seller's representative in the transaction is Rocio Roca Rojas from Real Estate Sales Force (RESF).
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,773.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,703.33
Annual Debt Service$92,439.95
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