Updated Dec 21, 2023
Nicolo D'Alleva Acquires Multifamily Property In Royal Palm Beach For $2.85M
Hyacinth Place, Royal Plm Beach, Florida 33414, United States
$2,850,000
$688/SF
Building Size
4,140 SF
Asset Type
MultiFamily
Closing
Jan 6, 2022
About this deal
AI
Nicolo D'Alleva has acquired a multifamily property located at 1141, 1123, and 1105 Hyacinth Pl in Royal Palm Beach, FL. The property spans across 4,140 square feet and was sold for a total price of $2,850,000, resulting in a price per square foot of $688.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,850,000
- Address: 1141, 1123, 1105 Hyacinth Pl, Royal Palm Beach, FL
- Square Footage: 4,140
- Buyer: Nicolo D'Alleva
- Seller: Michele Maguire
This transaction marks Nicolo D'Alleva's successful acquisition of the property in Royal Palm Beach. Michele Maguire acted as the seller in the deal.
Players
Wellington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93