Alejandro Pena Buys Single Family Home In Miami Lakes For $1.15M
7951 Northwest 159th Terrace
$1,150,000
$398/SF
Building Size
2,889 SF
Asset Type
Single Family
Closing
May 13, 2024
AI
The single-family property located at 7951 Northwest 159th Terrace in Miami Lakes was sold for $1,150,000. Spanning 2,889 square feet, the property was swiftly sold in just 17 days, receiving multiple offers during the transaction. The price per square foot was $398.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,150,000
- Buyer: Alejandro Pena
- Seller: Brett And Alpha Bartsch
- Brokers: Gabriel Baratto & Daniel Cuervo - Coldwell Banker
- Market: Miami Lakes
During the deal, both the buyer, Alejandro Pena, and the seller, Brett And Alpha Bartsch, were represented by the brokers Gabriel Baratto and Daniel Cuervo from Coldwell Banker. The property transaction was successfully closed within a short period, indicating the efficiency and effectiveness of the involved parties in reaching an agreement.
Players
Miami Lakes 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93