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
About this deal
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.
The other sale at 9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States in Boca Raton, Florida sold for $2.1M in 2022. 9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States is classified as Other on Traded. Named participants on the 9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States sale are Richard M. Norwalk. This page is the Boca Raton, Florida file for the 9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States other sold: pricing, party profiles, and other closed other comps from the same Boca Raton sit in the Market section below. Filter that Boca Raton other set by closing date to see what else sold near 9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States around 2022. Published consideration for 9667 Chianti Classico Terrace, Boca Raton, Florida 33446, United States is $2.1M, dated 2022. Cite this Phillips Jay And Phillips Shoreh Hemmati Acquire Other Vacant Property In Boca Raton, FL For $2.1M sale when underwriting similar other product around Boca Raton, Florida.
On the Map
$2,124,279
Other
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Players
Boca Raton Other Market Snapshot
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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