Updated Oct 28, 2024
Melissa L. Walsh And Joseph A. Walsh Acquire Single Family Home In Gulf Stream For $12.6M
1315 North Ocean Boulevard, Gulf Stream, FL, USA
$12,600,000
$1,939/SF
Building Size
6,498 SF
Asset Type
Single Family Residence
Closing
Jul 5, 2021
About this deal
AI
The single-family property located at 1315 North Ocean Boulevard in Gulf Stream has been sold. The property spans 6,498 square feet and was sold for a total price of $12,600,000. With a price per square foot of $1,939, this transaction represents a significant investment in the area.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,600,000
- Buyer: Melissa L. Walsh - Capital Blackbook; Joseph A. Walsh - Thryv
- Seller: The Sharon Ann Millar Revocable Trust Agreement - Sharon Ann Millar & Lawrence A. Sala
- Image: Joseph A. Walsh
- Date: 07/06/2021
- Address: 1315 North Ocean Boulevard
- Market: Gulf Stream
- Square Footage: 6,498
The buyer in this transaction is represented by Melissa L. Walsh from Capital Blackbook and Joseph A. Walsh from Thryv. On the other hand, the seller is The Sharon Ann Millar Revocable Trust Agreement, which is associated with Sharon Ann Millar & Lawrence A. Sala.
Players
Delray Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $12.6M for 6,498 square feet (2021).
Visit Lawrence A. Sala to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.26%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93