SOLDOther
Phillips Jay And Phillips Shoreh Hemmati Acquire Other Vacant Property In Boca Raton, FL For $2.1M
9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States
$2,124,279
Building Size
—
Asset Type
Other
Closing
Jun 28, 2022
AI
The property asset involved in this transaction is an Other Vacant property located at 9667 Chianti Classico Ter in Boca Raton, FL. The property was sold on June 29, 2022.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $2,124,279
The buyer of the property is Phillips Jay and Phillips Shoreh Hemmati. The seller is Richard M. Norwalk.
Players
Boca Raton Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.47%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93