Updated Dec 18, 2023
Richards Raymond Acquires Single Family Property In West Palm Beach For $5.66M
1030 Coral Way, West Palm Beach, Florida, USA
$5,663,000
$855/SF
Building Size
6,621 SF
Asset Type
Single Family Residence
Closing
Oct 25, 2021
About this deal
AI
The single family property located at 1030 Coral Way in West Palm Beach, FL has been sold. The transaction took place on October 26, 2021. The property spans over 6,621 square feet and was sold for a price of $5,663,000, resulting in a price per square foot of $855.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $5,663,000
- Address: 1030 Coral Way, West Palm Beach, FL
- Market: West Palm Beach, FL
The buyer of the property is Richards Raymond and the sellers are Jay Brown and Rene Tracey Brown.
Players
Riviera Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $855 per square foot on a published $5.7M for 6,621 square feet (2021).
Browse Riviera Beach single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.80%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93