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

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SOLD
$2,200,000

Florida

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Single Family3,015 SF
Sold 05/24/2024
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Property Image
SOLD

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

5250 Alton Road

See Similar Deals
Single Family3,015 SF
Sold 05/24/2024
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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.

Players

Nancy Batchelor
52 deals$355.5M volume(305) 903-2850
BROKER

Carolyn Batchelor
Compass
9 deals$25M volume(305) 989-6959
BROKER

Details

SOLD
IMAGE: Carolyn Batchelor & Nancy Batchelor DATE: 05/24/2024 ADDRESS: 5250 Alton Road MARKET: Miami Beach ASSET TYPE: Single Family SELLER: James Di Zazzo BUYER'S REP: Carolyn Batchelor (@CBatchelorealestate) & Nancy Batchelor (@NancyBatchelorteam) - Compass (@Compass) SALE PRICE: $2,200,000 SF: 3,015 ~ PPSF: $730

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Deal Type
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