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137 Woodbridge Rd, Palm Bea...

Douglas & Karin Waggoner Acquire Palm Beach SFR For $8.7M
SOLDSingle Family Residence

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

Alison Newton

Douglas Elliman

Broker

$51.3M

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

1.82%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93