Greg Forest Acquires SFR In Palm Beach For $16M
130 Brazilian Ave
Building Size
—
Asset Type
—
Closing
Aug 15, 2022
About this deal
AI
A single-family residence located at 130 Brazilian Ave in Palm Beach has been sold for a price of $16,000,000. The property has a total square footage of 5,157, resulting in a price per square foot of $3,103.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,000,000
- Address: 130 Brazilian Ave, Palm Beach
- Market: Palm Beach
The sale of the property was facilitated by broker Greg Forest from Sotheby's International Realty.
Traded’s record for 130 Brazilian Ave in Palm Beach, Florida covers a commercial sale from 2022. This page is the Palm Beach, Florida file for the 130 Brazilian Ave commercial sold: pricing, party profiles, and other closed commercial comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach commercial set by closing date to see what else sold near 130 Brazilian Ave around 2022. Cite this Greg Forest Acquires SFR In Palm Beach For $16M sale when underwriting similar commercial product around Palm Beach, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93