Douglas & Karin Waggoner Acquire Palm Beach SFR For $8.7M
137 Woodbridge Rd, Palm Beach, FL 33480, USA
$8,700,000
$1,179/SF
Building Size
7,377 SF
Asset Type
Single Family Residence
Closing
Aug 6, 2020
AI
The recently closed property transaction in Palm Beach involved the sale of a single-family residential property located at 137 Woodbridge Road. The property spans a generous 7,377 square feet and was sold at a price of $8,700,000, resulting in a price per square foot of $1,179.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $8,700,000
- Address: 137 Woodbridge Road
- Market: Palm Beach
- Square Footage: 7,377
Douglas and Karin Waggoner acquired the property as the buyers, while Jim and Gail Fiume acted as the sellers. During the transaction, Christine Franks represented the buyers as their real estate representative from Sotheby's International Realty. On the other hand, Alison Newton represented the sellers as their representative from Douglas Elliman.
Players
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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93