Michael Cantor Acquires Palm Beach Gardens Single Family Property For $10.4M
12411 Hautree Ct, Palm Beach Gardens, FL, USA
$10,425,000
$918/SF
Building Size
11,347 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2021
AI
The single-family home located at 12411 Hautree CT in Palm Beach Gardens was recently sold in a closed transaction. The property spans approximately 11,347 square feet, offering ample space for comfortable living. The sale price for this property was $10,425,000, resulting in a price per square foot of $919. The transaction took place on June 2, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $10,425,000
- Address: 12411 Hautree CT, Palm Beach Gardens
- Market: Palm Beach Gardens
Michael Cantor acted as the buyer in this transaction, while Carol M. & Philip C. Restino were the sellers. Their respective representatives facilitated the deal.
Players
Palm Beach Gardens 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
1.52%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93