Jonathan Postma Of Coldwell Banker Acquires SFR On Spanish River Road In Boca Raton For $5.05M
SOLD
$5,050,000
Florida
See Similar DealsSingle Family Residence5,531 SF
Sold 04/10/2023
SOLD
Jonathan Postma Of Coldwell Banker Acquires SFR On Spanish River Road In Boca Raton For $5.05M
2200 Spanish River Road
See Similar DealsSingle Family Residence5,531 SF
Sold 04/10/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$913
Total Square Footage:5,531 SF
Transaction Type:Sale
The property at 2200 Spanish River Road in Boca Raton has been sold for $5,050,000. This single-family home (SFR) spans 5,531 square feet, resulting in a price per square foot of $913. The transaction took place on 04/10/2023.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,050,000
- SF: 5,531
- PPSF: $913
The buyer in this transaction was represented by Jonathan Postma from Coldwell Banker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$269,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,941.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,939.58
Annual Debt Service$287,274.92
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