Updated Sep 9, 2024
Concierge Properties Sells Lake Worth SFR To Todd Hillman For $3M
11707 Piping Plover Rd Lake Worth, FL 33449, USA
$3,000,000
$553/SF
Building Size
5,425 SF
Asset Type
Single Family Residence
Closing
May 19, 2023
About this deal
AI
A single-family home located at 11707 Piping Plover Road in Lake Worth has been sold in a recent transaction. The property, with a total area of 5,425 square feet, was sold for $3,000,000, resulting in a price per square foot of $553. The sale took place on May 19, 2023. Todd Hillman was the seller in this transaction, and the brokerage firm Concierge Properties, represented by Marcello Fabbri, facilitated the deal.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,000,000
- Square Footage: 5,425
- Price per Square Foot: $553
- Address: 11707 Piping Plover Road, Lake Worth
Marcello Fabbri, from the brokerage firm Concierge Properties, played a key role in representing the seller, Todd Hillman, in this transaction.
On the Map
$3,000,000
$553/SF
Single Family Residence
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93