Jason Housenbold Acquires Condo In Boca Raton For $2.65M
SOLD
$2,650,000
Florida
See Similar DealsCondo3,143 SF
Sold 12/20/2023
SOLD
Jason Housenbold Acquires Condo In Boca Raton For $2.65M
327 East Royal Palm Road
See Similar DealsCondo3,143 SF
Sold 12/20/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$843
Total Square Footage:3,143 SF
Transaction Type:Sale
A condominium located at 327 East Royal Palm Road in Boca Raton has been sold in a closed transaction. The property, measuring 3,143 square feet, was sold for a price of $2,650,000, resulting in a price per square foot of $843. The transaction took place on December 20, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,650,000
- Address: 327 East Royal Palm Road
- Market: Boca Raton
The buyer in this transaction was Jason Housenbold. The seller was John Roberts, and the seller's representatives were Danielle Stern and Matthew M. Bachrad from William Raveis Real Estate.
Note from Seller's Rep: @yourluxurylisting is proud to announce another successful sale in the heart of Downtown Boca Raton! For any of your real estate needs from Boca Raton to Palm Beach and New York, please contact @yourluxurylisting.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
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