Michael Joseph Mcgraw & Nicole H Mcgraw Acquire Single Family Home In Palm Beach Gardens For $12.2M
SOLD
$12,175,000
Florida
See Similar DealsSingle Family Residence11,269 SF
Sold 03/02/22
SOLD
Michael Joseph Mcgraw & Nicole H Mcgraw Acquire Single Family Home In Palm Beach Gardens For $12.2M
12235 Tillinghast Circle, Palm Beach Gardens, Florida 33418, United States
See Similar DealsSingle Family Residence11,269 SF
Sold 03/02/22
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,080
Total Square Footage:11,269 SF
Transaction Type:Sale
The single-family property located at 12235 Tillinghast Cir in Palm Beach Gardens, FL has been sold in a recent transaction. The property spans 11,269 square feet and was sold for a price of $12,175,000, resulting in a price per square foot of $1,080.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,175,000
- Address: 12235 Tillinghast Cir, Palm Beach Gardens, FL
- Market: Palm Beach Gardens, FL
The buyer of the property is Michael Joseph Mcgraw & Nicole H Mcgraw, while the seller is George Mcmahon & Sarah Mcmahon.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$649,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,255.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$57,715.71
Annual Debt Service$692,588.54
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