Updated Sep 5, 2024
Todd Michael Glaser Acquires Single Family Home In Palm Beach For $6.4M
215 Indian Road, Palm Beach, FL, USA
$6,400,000
$1,399/SF
Building Size
4,573 SF
Asset Type
Single Family Residence
Closing
Apr 14, 2021
About this deal
AI
The single-family property located at 215 Indian Road in Palm Beach has been sold. The transaction took place on April 15, 2021. The property spans 4,573 square feet and was sold at a price of $6,400,000, resulting in a price per square foot of $1,400.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,400,000
- Square Footage: 4,573
- Price per Square Foot: $1,400
- Address: 215 Indian Road, Palm Beach
Todd Michael Glaser has purchased the property from James & Madeleine Zahringer. Suzanne Trapani Frisbie from Premier Estate Properties, Inc represented the buyer, while Christian Angle from Christian Angle Real Estate represented the seller.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $6.4M for 4,573 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93