Douglas Elliman Acquires SFR In Jupiter For $15.5M
SOLD
Florida
See Similar DealsSingle Family Residence6,804 SF
Sold 05/02/2023
SOLD
Douglas Elliman Acquires SFR In Jupiter For $15.5M
160 Spyglass Lane
See Similar DealsSingle Family Residence6,804 SF
Sold 05/02/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,270
Total Square Footage:6,804 SF
Transaction Type:Sale
A single-family residential property located at 160 Spyglass Lane in Jupiter has been sold in a closed transaction. The property spans 6,804 square feet and was sold for a total price of $15,450,000, resulting in a price per square foot of $2,271.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $15,450,000
- Address: 160 Spyglass Lane, Jupiter
- Market: Jupiter
The buyer in this transaction was represented by Donna Hutchins from Douglas Elliman. On the other hand, the seller was represented by Matthew Dugow from Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$823,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$54,890.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,240.88
Annual Debt Service$878,890.59
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