Terry Evangeliou Sells Single Family Home In Miami Beach For $2.06M
4416 Alton Road
$2,060,000
$918/SF
Building Size
2,242 SF
Asset Type
Single Family
Closing
Mar 18, 2024
AI
The property located at 4416 Alton Road in Miami Beach is a single-family home with a total square footage of 2,242. The sale price of the property was $2,060,000, which translates to a price per square foot of $919.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,060,000
- Address: 4416 Alton Road
- Market: Miami Beach
- Buyer: Sharon Beck - The Agency
- Seller: Terry Evangeliou
- Seller's Rep: Nancy Batchelor - Compass
The house at 4416 Alton Road did not stay on the market for long, as it went into contract within under a week of being listed.
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.70%
Cash-on-Cash
-2.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93