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2004 Bay Dr, Pompano Beach,...

Updated Dec 19, 2023

Debra & John Sherman Acquire Single Family Home In Pompano Beach For $9.7M
SOLDSingle Family Residence

Debra & John Sherman Acquire Single Family Home In Pompano Beach For $9.7M

2004 Bay Dr, Pompano Beach, FL, USA

$9,700,000

$1,594/SF

Building Size

6,084 SF

Asset Type

Single Family Residence

Closing

Apr 11, 2021

About this deal

AI

A single-family property located at 2004 Bay Dr in Pompano Beach was recently sold for a price of $9,700,000. The property has a total area of 6,084 square feet, resulting in a price per square foot of $1,594.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $9,700,000
  • Address: 2004 Bay Dr
  • Market: Pompano Beach

The buyers of the property were Debra & John Sherman, while the sellers were Angelo Degaspris.

The single family residence sale at 2004 Bay Dr, Pompano Beach, FL, USA in Pompano Beach, Florida sold for $9.7M in 2021. The building is 6,084 square feet, implying about 1.6K per square foot on the published price. Named participants on the 2004 Bay Dr, Pompano Beach, FL, USA sale are John Sherman. This page is the Pompano Beach, Florida file for the 2004 Bay Dr, Pompano Beach, FL, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Pompano Beach sit in the Market section below. Filter that Pompano Beach single family residence set by closing date to see what else sold near 2004 Bay Dr, Pompano Beach, FL, USA around 2021. Published consideration for 2004 Bay Dr, Pompano Beach, FL, USA is $9.7M, dated 2021. Cite this Debra & John Sherman Acquire Single Family Home In Pompano Beach For $9.7M sale when underwriting similar single family residence product around Pompano Beach, Florida.

Players

John Sherman

Buyer

$22.7M

vol

2 deals

Buyer

Pompano Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $9.7M for 6,084 square feet (2021).

Visit John Sherman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.64%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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