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
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