Paul A Krasker Acquires Single Family Home In Palm Beach, FL For $39.9M
341 Garden Rd, Palm Beach, FL 33480, USA
$6,700,000
$1,342/SF
Building Size
4,991 SF
Asset Type
Single Family Residence
Closing
Aug 2, 2020
AI
The single-family property located at 1020 N Lake Way in Palm Beach, FL was recently sold in a transaction on June 1, 2022. The property spans a total of 6,548 square feet and was sold for a price of $39,900,000, resulting in a price per square foot of $6,093.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $39,900,000
- Address: 1020 N Lake Way, Palm Beach, FL
- Market: Palm Beach, FL
Paul A Krasker acquired the property from Warren B. Kanders in this transaction.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93