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134 Seagate Road

John Andrica Sells Palm Beach SFR For $10.9M With Nick Grodzicki - Grodzicki Group Compass
SOLDSingle Family Residence

John Andrica Sells Palm Beach SFR For $10.9M With Nick Grodzicki - Grodzicki Group Compass

134 Seagate Road

$10,890,000

$2,324/SF

Building Size

4,684 SF

Asset Type

Single Family Residence

Closing

Sep 15, 2022

AI

A residential property located at 134 Seagate Rd in Palm Beach has been sold in a recent transaction. The property is a single-family home with a total square footage of 4,684. The sale price amounted to $10,890,000, resulting in a price per square foot of $2,325.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,890,000
  • Square Footage: 4,684
  • Price per Square Foot: $2,325
  • Address: 134 Seagate Rd, Palm Beach

In this deal, the seller of the property was John Andrica. The transaction was facilitated by Nick Grodzicki from Grodzicki Group at Compass.

Players

Nicholas Grodzicki

Compass

Broker

$37.8M

vol

4 deals

Broker

Palm Beach 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

1.46%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93