Scott Dolley Acquires Single Family Property In Miami For $3.8M
924 Belle Meade Island Drive
$3,800,000
$1,903/SF
Building Size
1,996 SF
Asset Type
Single Family
Closing
Oct 26, 2023
AI
Located at 924 Belle Meade Island Drive, this single-family home in Miami recently changed hands in a sale transaction. The property, measuring 1,996 square feet, was sold for a price of $3,800,000, resulting in a price per square foot of $1,904. The transaction took place on October 26, 2023.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,800,000
- Square Footage: 1,996
- Price per Square Foot: $1,904
- Address: 924 Belle Meade Island Drive, Miami
- Market: Miami
The buyer of the property is Scott Dolley, while the seller is Michael Fredrich. Representing the seller in this transaction were Mina Taskiran and Giovanni Mancini of One Sotheby's International Realty. They played a crucial role in facilitating the deal between the buyer and seller.
Players
Miami 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93