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210 Wells Rd, Palm Beach, F...

Sotheby's International Realty Acquires Single Family Home In Palm Beach For $21.3M
SOLDSingle Family Residence

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

Christian Angle

Christian Angle Real Estate

Broker

$2.7B

vol

99 deals

Broker

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