Dominick DeChiara Acquires SFR In Boca Raton For $5.5M From Seller Marc Gillman - Korman Realty LLC
17866 Foxborough Ln
Building Size
—
Asset Type
—
Closing
Jun 17, 2022
About this deal
AI
An SFR located at 17866 Foxborough Ln in Boca Raton has been sold. The property has a total area of 8,913 square feet and was sold for a price of $5,500,000, resulting in a price per square foot of $617.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,500,000
- Address: 17866 Foxborough Ln, Boca Raton
- Market: Boca Raton
- Buyer: Dominick DeChiara
- Seller: Marc Gillman
- Broker: Griffin Gillman - Korman Realty LLC
The buyer of the property is Dominick DeChiara, while the seller is Marc Gillman. The deal was facilitated by Griffin Gillman from Korman Realty LLC acting as the broker.
Players
Boca Raton CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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