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5250 Alton Road

Carolyn And Nancy Batchelor Of Compass Close $2.2M Sale On Alton Road
SOLDSingle Family

Carolyn And Nancy Batchelor Of Compass Close $2.2M Sale On Alton Road

5250 Alton Road

$2,200,000

$729/SF

Building Size

3,015 SF

Asset Type

Single Family

Closing

May 24, 2024

AI

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.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker

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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93