Ann Reaves Leigh & Johnnie Lee Reaves Acquire Boynton Beach Townhouse From Phyllis Moore Conrad For $2.75M
6110 North Ocean Boulevard, Boynton Beach, Florida 33435, United States
$2,750,000
$1,125/SF
Building Size
2,444 SF
Asset Type
Other
Closing
May 5, 2022
About this deal
AI
The townhouse located at 6110 N Ocean Blvd in Boynton Beach, FL has been sold. The transaction took place on 05/06/2022. The property has a total area of 2,444 square feet and was sold for a price of $2,750,000. This equates to a price per square foot of $1,125.
Summary of transaction details:
- Property Type: Townhouse
- Transaction Amount: $2,750,000
Ann Reaves Leigh & Johnnie Lee Reaves were the buyers in this transaction, while Phyllis Moore Conrad was the seller.
The other sale at 6110 North Ocean Boulevard, Boynton Beach, Florida 33435, United States in Ocean Ridge, Florida sold for $2.8M in 2022. The building is 2,444 square feet, implying about 1.1K per square foot on the published price. This page is the Ocean Ridge, Florida file for the 6110 North Ocean Boulevard, Boynton Beach, Florida 33435, United States other sold: pricing, party profiles, and other closed other comps from the same Ocean Ridge sit in the Market section below. Filter that Ocean Ridge other set by closing date to see what else sold near 6110 North Ocean Boulevard, Boynton Beach, Florida 33435, United States around 2022. Published consideration for 6110 North Ocean Boulevard, Boynton Beach, Florida 33435, United States is $2.8M, dated 2022. Cite this Ann Reaves Leigh & Johnnie Lee Reaves Acquire Boynton Beach Townhouse From Phyllis Moore Conrad For $2.75M sale when underwriting similar other product around Ocean Ridge, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93