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147 Dunbar Road, Palm Beach...

Christopher & Susan G. Pappas Acquire Palm Beach SFR For $7.55M From Seller Jane Holzer & Ashley Holzer
SOLDSingle Family Residence

Christopher & Susan G. Pappas Acquire Palm Beach SFR For $7.55M From Seller Jane Holzer & Ashley Holzer

147 Dunbar Road, Palm Beach, FL, USA

$7,550,000

$1,192/SF

Building Size

6,334 SF

Asset Type

Single Family Residence

Closing

Jan 28, 2021

AI

Located in Palm Beach, the property at 147 Dunbar Road recently changed ownership in a closed sale transaction. The single-family residence spans 6,334 square feet and is situated in a desirable neighborhood. The transaction took place on January 29, 2021, with a selling price of $7,550,000, resulting in a price per square foot of $1,192. The property was sold by Jane Holzer and Ashley Holzer, while Christopher and Susan G. Pappas became the new owners.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $7,550,000
  • Address: 147 Dunbar Road, Palm Beach
  • Market: Palm Beach

Representing the buyer, Linda Olsson from Linda R. Olsson Inc played a key role in facilitating the transaction. The seller was represented by Christian Angle of Christian Angle Real Estate. Their expertise and negotiation skills contributed to the successful completion of this property sale.

Players

Christian Angle

Christian Angle Real Estate

Broker

$2.7B

vol

99 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

2.10%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93