Sherry M. Feldpausch Acquires Delray Beach Single Family For $16.5M
SOLD
$16,543,974
Florida
See Similar DealsSingle Family Residence6,019 SF
Sold 08/22/2022
SOLD
Sherry M. Feldpausch Acquires Delray Beach Single Family For $16.5M
1200 North Ocean Boulevard, Delray Beach, Florida 33483, United States
See Similar DealsSingle Family Residence6,019 SF
Sold 08/22/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,748
Total Square Footage:6,019 SF
Transaction Type:Sale
A single-family home located at 1200 N Ocean Blvd in Delray Beach, FL has been sold in a recent transaction. The property spans 6,019 square feet and was purchased by Sherry M. Feldpausch from Stephen D Benjamin. The sale took place on August 22, 2022, at a price of $16,543,974. The price per square foot for this transaction amounts to $2,749.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $16,543,974
- Buyer: Sherry M. Feldpausch
- Seller: Stephen D Benjamin
- SF: 6,019
- PPSF: $2,749
Sherry M. Feldpausch was represented by their broker in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$882,345.30
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$58,777.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$78,426.88
Annual Debt Service$941,122.53
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