Carolyn And Nancy Batchelor Of Compass Close $2.2M Sale On Alton Road
SOLD
Florida
See Similar DealsSingle Family3,015 SF
Sold 05/24/2024
SOLD
Carolyn And Nancy Batchelor Of Compass Close $2.2M Sale On Alton Road
5250 Alton Road
See Similar DealsSingle Family3,015 SF
Sold 05/24/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$729
Total Square Footage:3,015 SF
Transaction Type:Sale
The single-family property located at 5250 Alton Road in Miami Beach was sold for $2,200,000. The property spans 3,015 square feet, resulting in a price per square foot of $730.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,200,000
- Address: 5250 Alton Road
- Market: Miami Beach
Carolyn Batchelor and Nancy Batchelor from Compass represented the buyer in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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