Daniel T. Van Voorhis' Continental Communities Acquires Single Family Home In North Palm Beach For $17.1M
11349 Old Harbour Road, North Palm Beach, Florida 33408, United States
$17,100,000
$2,653/SF
Building Size
6,445 SF
Asset Type
Single Family Residence
Closing
Jan 12, 2022
AI
The single-family home located at 11349 Old Harbour Rd in North Palm Beach has been sold in a recent transaction. The property spans 6,445 square feet and was sold for a total price of $17,100,000, equating to a price per square foot of $2,653.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $17,100,000
- Address: 11349 Old Harbour Rd
- Market: North Palm Beach
The buyer of the property is Daniel T. Van Voorhis from Continental Communities, while the seller is Janet A. Fruehauf and H. Richard Fruehauf Jr from Grosse Point. These individuals and companies were involved in the deal, representing the buyer and seller respectively.
Players
North 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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93