Rick Rieder Of BlackRock Acquires Jupiter SFR For $7.3M From Justin & Robin Thorn Daniels
197 Spyglass Court
$7,300,000
$1,207/SF
Building Size
6,047 SF
Asset Type
Single Family Residence
Closing
Jan 28, 2021
AI
Located at 197 Spyglass Court in Jupiter, this single-family home was recently sold in a closed transaction. The property spans 6,047 square feet and is situated in the desirable market of Jupiter. The sale price for this SFR property was $7,300,000, resulting in a price per square foot of $1,207.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,300,000
- Address: 197 Spyglass Court
- Market: Jupiter
- Buyer: Rick Rieder - BlackRock
- Seller: Justin & Robin Thorn Daniels - Daniels Holdings
- Broker: Rob Thomson - Waterfront Properties & Club Communities
- Square Footage: 6,047
- Price Per Square Foot: $1,207
The key individuals involved in this transaction were Rick Rieder from BlackRock as the buyer and Justin & Robin Thorn Daniels from Daniels Holdings as the seller. The deal was facilitated by Rob Thomson from Waterfront Properties & Club Communities.
Players
Jupiter 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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93