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5280 Pennock Point Rd, Jupi...

Updated Dec 21, 2023

Ian & Ina Kim-Schaad Acquire Jupiter SFR For $5.9M From John & Donna Berger
SOLDSingle Family Residence

Ian & Ina Kim-Schaad Acquire Jupiter SFR For $5.9M From John & Donna Berger

5280 Pennock Point Rd, Jupiter, Fl 33458, Usa

$5,900,000

$71/SF

Building Size

82,330 SF

Asset Type

Single Family Residence

Closing

Sep 23, 2020

About this deal

AI

A single-family residential property located at 5280 Pennock Point Road in Jupiter was recently sold for $5,900,000. The property spans approximately 8,233 square feet, resulting in a price per square foot of $717.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,900,000

The buyers of this property were Ian and Ina Kim-Schaad, while the sellers were John and Donna Berger. The transaction was facilitated by Rob Thomson from Waterfront Properties & Club Communities, who represented the buyers in this deal.

Players

Robert Thomson

Waterfront Properties and Club Communities

Broker

$262.9M

vol

23 deals

Broker

Jupiter Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $71 per square foot on a published $5.9M for 82,330 square feet (2020).

Visit Robert (Rob) Thomson to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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