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220 Dyer Road

$6.6M Sale Of Single Family Home At 220 Dyer Road In West Palm Beach
SOLDSingle Family Residence

$6.6M Sale Of Single Family Home At 220 Dyer Road In West Palm Beach

220 Dyer Road

$6,600,000

$1,095/SF

Building Size

6,023 SF

Asset Type

Single Family Residence

Closing

Aug 23, 2024

AI

The property involved in the transaction is a single-family residence located at 220 Dyer Road in West Palm Beach. The asking price for the property was $7,295,000, while it sold for $6,600,000. The home features a total square footage of 6,023 square feet, resulting in a price per square foot of $1,095.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $6,600,000
  • Address: 220 Dyer Road
  • Market: West Palm Beach
  • Asking Price: $7,295,000
  • Square Footage: 6,023
  • Price Per Square Foot: $1,095

The brokers involved in the sale are Lisa Wilkinson and Cara Coniglio McClure, representing Douglas Elliman in this transaction.

Players

Lisa Wilkinson

Douglas Elliman

Broker

$87M

vol

11 deals

Broker

West 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

2.40%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93