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Michael Joseph Mcgraw & Nicole H Mcgraw Acquire Single Family Home In Palm Beach Gardens For $12.2M

Property Image
SOLD
$12,175,000

Florida

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Single Family Residence11,269 SF
Sold 03/02/22
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Property Image
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 Deals
Single Family Residence11,269 SF
Sold 03/02/22
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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.

Players

2 deals$24.4M volume
BUYER

SELLER

Details

SOLD
IMAGE: 03/03/22 ADDRESS: 12235 Tillinghast Cir MARKET: Palm Beach Gardens,FL ASSET TYPE: Single Family BUYER: Michael Joseph Mcgraw & Nicole H Mcgraw SELLER: George Mcmahon & Sarah Mcmahon PRICE: $12,175,000 SF: 11,269 ~ PPSF: $1,080

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Deal Type
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