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8825 Southwest 64th Court

Stephan D Memmen & Illiana C Memmen Acquire Pinecrest Single Family For $9.1M With Seller's Rep Oscar Arellano - EWM Realty
SOLDSingle Family

Stephan D Memmen & Illiana C Memmen Acquire Pinecrest Single Family For $9.1M With Seller's Rep Oscar Arellano - EWM Realty

8825 Southwest 64th Court

$9,088,238

$978/SF

Building Size

9,290 SF

Asset Type

Single Family

Closing

Sep 12, 2023

AI

A single-family property located at 8825 SW 64 Court in Pinecrest has been sold for a price of $9,088,238. The property spans approximately 9,290 square feet, resulting in a price per square foot of $978. The transaction took place on 09/12/2023, and the property is represented by Oscar Arellano from Berkshire Hathaway HomeServices EWM Realty.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $9,088,238
  • Address: 8825 SW 64 Court, Pinecrest
  • Square Footage: 9,290
  • Price per Square Foot: $978

The buyer of the property is Stephan D Memmen and Illiana C Memmen. They were represented by Angel Nicolas and Ale Alfonzo from Compass. The seller's representative, as mentioned previously, is Oscar Arellano from Berkshire Hathaway HomeServices EWM Realty. This transaction highlights the involvement of these key individuals and companies in the deal, showcasing their role in the successful completion of the sale.

Players

Angel Nicolas

Serhant

Broker

$158M

vol

18 deals

Broker

Cord 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

1.75%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93