Updated Dec 18, 2023
Justin & Lisa Lopatin Acquire Delray Beach Single Family Home For $2.2M
16215 Rio Baile, Delray Beach, FL 33446, USA
$2,199,000
$461/SF
Building Size
4,770 SF
Asset Type
Single Family Residence
Closing
Jul 7, 2020
About this deal
AI
A single-family property located at 16215 Rio Baile in Delray Beach has been sold in a recent transaction. The property, with a total of 4,770 square feet, was purchased by Justin & Lisa Lopatin from the sellers Vincenzo & Claudia Marchello. The deal was facilitated by Skye Louis Realty. The transaction took place on 07/07/2021 for a sale price of $2,199,000, matching the asking price.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,199,000
- Address: 16215 Rio Baile
- Market: Delray Beach
Justin & Lisa Lopatin successfully acquired the property from Vincenzo & Claudia Marchello. Skye Louis Realty represented the buyers in this transaction. The property features a total of 4,770 square feet and was sold at a price of $2,199,000, equivalent to approximately $461 per square foot.
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Delray 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93