Valerie & Mark Seelig Acquire SFR In Admiral Cove, Jupiter For $7.1M
SOLD
$7,100,000
Florida
See Similar DealsSingle Family Residence65,330 SF
Sold 06/24/2020
SOLD
Valerie & Mark Seelig Acquire SFR In Admiral Cove, Jupiter For $7.1M
171 Commodore Dr, Jupiter, FL 33477, USA
See Similar DealsSingle Family Residence65,330 SF
Sold 06/24/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$108
Total Square Footage:65,330 SF
Transaction Type:Sale
A single-family residential property located at 171 Commodore Drive in Admiral Cove, Jupiter has been sold for $7,100,000. The property spans across 6,533 square feet, equating to a price per square foot of $1,086.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,100,000
- Square Footage: 6,533
- Price per Square Foot: $1,086
- Address: 171 Commodore Drive, Admiral Cove, Jupiter
The buyers of the property are Valerie and Mark Seelig, represented by MSF. The sellers are Julie and Joseph Lashinger. The deal was facilitated by Rob Thomson from Waterfront Properties & Club Communities and Thomas Frankel from Admirals Cove Realty.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$378,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,224.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,657.62
Annual Debt Service$403,891.47
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