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Donna Hutchins & Gary Pohrer Acquire SFR In Jupiter, Florida For $15.7M

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SOLD
$15,700,000

Florida

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Single Family Residence9,340 SF
Sold 09/09/2022
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Property Image
SOLD

Donna Hutchins & Gary Pohrer Acquire SFR In Jupiter, Florida For $15.7M

194 Spyglass Court, Jupiter, Florida 33477, United States

See Similar Deals
Single Family Residence9,340 SF
Sold 09/09/2022
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,680
Total Square Footage:9,340 SF
Transaction Type:Sale

Located in Jupiter, Florida, the recently sold residential property at 194 Spyglass Ct is an impressive asset in the market. Covering an area of 9,340 square feet, this Single-Family Residence (SFR) offers a spacious and luxurious living space for its new owners. The property was sold on September 9, 2022, for an impressive amount of $15,700,000, resulting in a price per square foot of $1,681.

Summary of transaction details:

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $15,700,000
  • Address: 194 Spyglass Ct, Jupiter Florida
  • Market: Jupiter, Florida
  • Size: 9,340 square feet

The transaction was facilitated by Donna Hutchins and Gary Pohrer, both representing Douglas Elliman. Their expertise in real estate played a pivotal role in successfully closing the deal. Their dedication and negotiation skills ensured a smooth process for both the buyer and the seller.

Players

Gary Pohrer
41 deals$1.1B volume(561) 262-0856
BROKER

Donna Hutchins
Douglas Elliman
7 deals$184M volume
BROKER

Details

SOLD
IMAGE: Gary Pohrer & Donna Hutchins DATE: 09/09/2022 ADDRESS: 194 Spyglass Ct MARKET: Jupiter Florida ASSET TYPE: SFR BUYER & SELLER'S REP: Donna Hutchins (@DonnaHutchinsRealtor) & Gary Pohrer (@GaryPohrer) - Douglas Elliman (@DouglasElliman) SALE PRICE: $15,700,000 SF: 9,340 ~ PPSF: $1,681

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$837,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$55,778.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$74,426.01
Annual Debt Service$893,112.12