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12411 Hautree Ct, Palm Beac...

Michael Cantor Acquires Palm Beach Gardens Single Family Property For $10.4M
SOLDSingle Family Residence

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

Michael Cantor

Buyer

$38.4M

vol

2 deals

Buyer

Palm Beach Gardens Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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