Sotheby's International Realty Acquires Single Family Home In Palm Beach For $21.3M
210 Wells Rd, Palm Beach, FL 33480, USA
$5,050,000
$124/SF
Building Size
40,580 SF
Asset Type
Single Family Residence
Closing
Aug 24, 2020
AI
Located at 211 Dunbar Road in Palm Beach, this single-family home was recently sold in a closed transaction. The property spans across approximately 6,000 square feet and boasts a sale price of $21,300,000, resulting in a price per square foot of $3,550.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $21,300,000
- Address: 211 Dunbar Road, Palm Beach
The seller of the property was H.E. “Gene” Rayfield Jr., representing Rayfield Investments. The buyer was assisted by Lisa & John Cregan, who are affiliated with Sotheby’s International Realty. The seller's representatives were Aaron Lynn Warren & Gary Little, also from Sotheby’s International Realty.
Players
Palm Beach 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
3.14%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93