Updated Oct 28, 2024
Nick Mastroianni II Acquires Single Family Home In Jupiter For $7.25M From Seller Jerry Neil Paul - The Paul Law Firm And Broker Rob Thomson - Waterfront Properties & Club Communities
19681 Loxahatchee River Road, Jupiter, FL 33458, USA
$7,250,000
$815/SF
Building Size
8,891 SF
Asset Type
Single Family Residence
Closing
May 21, 2020
About this deal
AI
The sale of a single-family property in Jupiter has been completed. The property, located at 19681 Loxahatchee River Road, was sold on May 21, 2021. The transaction was facilitated by Rob Thomson of Waterfront Properties & Club Communities, who represented the seller Elizabeth Ann Paul and Jerry Neil Paul of The Paul Law Firm. The buyer of the property is Nick Mastroianni II. The sale price for the property was $7,250,000. With a total area of 8,891 square feet, the price per square foot is estimated to be $815. The property sits on a spacious 1.7-acre lot, resulting in a price per acre of approximately $4,264,706.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,250,000
- Address: 19681 Loxahatchee River Road, Jupiter
- Market: Jupiter
- Broker: Rob Thomson - Waterfront Properties & Club Communities
Rob Thomson from Waterfront Properties & Club Communities played a crucial role as the broker in this transaction. Nick Mastroianni II acquired the property from Elizabeth Ann Paul and Jerry Neil Paul, who were represented by Rob Thomson. The Paul Law Firm, headed by Jerry Neil Paul, was involved in the sale. The property offers 8,891 square feet of living space and is situated on a 1.7-acre lot in a desirable location in Jupiter.
Jupiter Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $815 per square foot on a published $7.3M for 8,891 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93