Bob Coscarelli & Karen Valentine Sell Single Family Property In Michigan City, IN For $850,000
3215 Cleveland Ave, Michigan City, Indiana, USA
$850,000
$363/SF
Building Size
2,341 SF
Asset Type
Single Family Residence
Closing
May 14, 2020
AI
The single-family property located at 3215 Cleveland Ave, Michigan City, IN, was recently sold for $850,000. The transaction took place on May 14, 2021, facilitated by broker Rudy Conner of tProperties. The property spans 2,341 square feet and was sold at a price of $363 per square foot.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $850,000
- Address: 3215 Cleveland Ave, Michigan City, IN
- Market: Michigan City, IN
- Square Footage: 2,341
- Price Per Square Foot: $363
The transaction involved the seller, Bob Coscarelli, and Karen Valentine, as well as the buyer represented by Rudy Conner of tProperties.
Michigan City Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93