Updated Oct 29, 2024
Michael Coughlin Acquires Single Family Property In Jupiter For $11M
103 Schooner Ln, Jupiter, FL 33477, USA
$3,850,000
$696/SF
Building Size
5,532 SF
Asset Type
Single Family Residence
Closing
Sep 13, 2020
About this deal
AI
The single-family property located at 109 Schooner Lane in Jupiter was recently sold for $11,000,000. The property spans 9,600 square feet and has a price per square foot of $1,146. The sale occurred on 12/01/2022. The transaction involved the buyer, Michael Coughlin, and the sellers, Eileen Berry and Harry "Sonny" Berry of Berry Aviation.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,000,000
- Square Footage: 9,600
- Price per Square Foot: $1,146
- Address: 109 Schooner Lane, Jupiter
- Market: Jupiter
Brenda Calcavecchia of Illustrated Properties represented the buyer, Michael Coughlin, in this sale. On the seller's side, Robert Thomson of Waterfront Properties acted as the representative. This transaction marks a significant deal in the local real estate market.
Players
Jupiter Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $696 per square foot on a published $3.9M for 5,532 square feet (2020).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93